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Lyrx [107]
3 years ago
8

Provide an example of an organization that continuously maintains and improves customer satisfaction through a TQM approach. Inc

lude specific examples of how customer satisfaction is improved by company initiatives. In your responses to peers, compare and contrast the organization chosen by a peer with the one you chose. How might each organization benefit from the other's experiences with improving customer satisfaction
Business
1 answer:
Semenov [28]3 years ago
6 0

Answer:

Customers require value for money.

Explanation:

Total Quality Management TQM is an approach to make the product best for its customers and work towards customer satisfaction. Customers demands may be different, some customers require value for money while others just go for brand image. Some customers like online shopping while other prefer buying the product after watching its specs. The motive of a business is to satisfy the needs of all of its customers. Coca Cola beverages company has also focused on satisfying its customers. It responds to the various flavor requirements by its customers and has introduced more than 5 flavored drinks. The quality of any drink is not compromised and it aims to provide value for money to its customers.

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Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. Gain on sale of equipment $ 6
Iteru [2.4K]

Answer: Multi Step Income Statement

As for the information provided,

Sales = $225,000

Less: Sales Discounts = ($15,200)

Less: sales Returns And Allowances = ($3,900)

Net Sales = $205,900

Cost of goods sold = ($88,800)

Gross Profits = $117,100

Expenses:

Selling expenses:

Rent Expense = $10,500

Sales staff wages = $22,400

Sales commission = $13,600

TV advertising expense = $3,000

Total Selling expense = ($49,500)

General And Administrative Expense

Office Supplies = $790

Insurance = $1,240

Depreciation expense Office copier =  $420

Office salaries expense = $32,100

Total General Administrative Expense = ($34,550)

Total Expenses = ($84,050)

Operating Income = $33,050

Other Revenues Gains & Losses

Interest revenue = $660

Gain on sale of equipment = $6,250

Total Other Revenues = $6,910

Net Income = $39,960

6 0
4 years ago
What was one result of the Bretton Woods system?
kobusy [5.1K]

Answer:

A.The U.S dollar became backed by gold for the first time

3 0
3 years ago
____ is a planning process falling under the Project Integration Management knowledge area. Schedule development Develop project
lianna [129]

Answer:

Develop project management plan

Explanation:

Project integration management is the coordination of all aspects of a project. It involves coordination of the following: tasks, stakeholders, resources, along with any issues arising from parties in the project, evaluating resources, and making choices between different lines of action.

So developing a project management plan is a process that fall under integration management as defined.

3 0
3 years ago
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Assume Uber planned to cut losses by 40 percent by withdrawing from countries like China and Singapore. A year has now passed si
yKpoI14uk [10]

Answer: The correct answer is "d. control the direction".

Explanation: Uber need to control the direction because:

a. make the plan  - The plan has already been drawn up, is to withdraw from China and Singapore.

b. make the goal  - The objective was not met because, despite having executed the plan, there are still losses.

c. define objectives  - The objectives have already been defined and is to reduce losses.

d. control the direction  - The executed plan is not fulfilling the objectives therefore it is necessary to control the direction of it.

e. carry out the plan - The plan has already been carried out, a year has passed and there are still losses.

6 0
3 years ago
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Suppose one U.S. dollar can purchase 144 yen today in the foreign exchange market. If the yen depreciates by 8.0% tomorrow, how
EleoNora [17]

Answer:

The correct option is A

Explanation:

When a currency depreciates it means it loses its value.

For the yen to depreciate by 8% it means that a dollar will buy more yen than it did today. by tomorrow. So, to calculate it we times the current price of the yen by the depreciation factor

144×0.8= 11.52

adding the depreciation factor to the current price of the yen

144+11.52=155.52

so by tomorrow $1=155.5yen

3 0
3 years ago
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