Answer:
This is an example of quality control
Explanation:
A production process usually involves the action of a variety of things that all perform specific functions towards a common goal, usually the production of a finished good or service. This therefor means that a type of management is needed to ensure that all these aspects are handled in such away that the set organizational needs are met. This can be broadly defined as management control. Management control involves the control and operation aspects of a production process to ensure that the organizational goals are met.
One aspect of management control that is very important in the production environment is quality control. Quality control involves the inspection of the production process and the products to determine the quality. The quality of the process and the products is usually measured against set organizational and production standards. This therefor means that if the process or the production quality falls below the standard, then the quality of the product can be said to be low while if the quality meet or surpass the standards then the quality is high.
Quality control helps companies identify areas that need to be improved, thus raising overall product value.
Creditworthiness<span> is a valuation performed by lenders that determines the possibility a borrower may default on his debt obligations. It considers factors, such as repayment history and credit score.</span>
Answer:
(1) 6%; 1.7; 10.20%
(2) 3%; 4; 12%
Explanation:
ROI = Margin × Turnover (Note Margin in % and Turnover in Ratio)
Where,
Margin = Net operating income ÷ Sales
Turnover = Sales ÷ Average operating assets
For Queensland:
Margin = 54,060 ÷ 901,000
= 6% (approx)
Turnover = 901,000 ÷ 530,000
= 1.7
ROI = 6% × 1.7
= 10.20%
For New south wales:
Margin = 74,400 ÷ 2,480,000
= 3% (approx)
Turnover = 2,480,000 ÷ 6,20,000
= 4
ROI = 3% × 4
= 12%
Answer:
Government Benefits
Explanation:
it's basically like what a homeless shelter or like a stigmas check
