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WARRIOR [948]
3 years ago
9

One of Sanjay's work responsibilities is to check inspection stations periodically to monitor the quality of the products throug

hout the production process. This is an example of ______.
Business
1 answer:
Nikitich [7]3 years ago
3 0

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.

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During the year, the Senbet Discount Tire Company had gross sales of $1.19 million. The company’s cost of goods sold and selling
Zigmanuir [339]

Answer:

Net income is $162,470

Operating cash flow is $280,470

Explanation:

The company net income can be computed thus:

Sales revenue                        $1,190.000

less:

Cost of goods sold                ($588,000)

gross profit                             $602,000

selling expenses                     ($241,000)

depreciation                             ($118,000)

EBIT                                        $243,000

Interest($800,000*4%)          ($32,000)

EBT                                          $211,000

Tax at 23%                               ($48530 )

Net income                               $162,470

Besides the operating cash flow is net income plus depreciation

$162,470+$118,000=$280,470

5 0
3 years ago
A municipal bond is paying a 6 percent annual yield. An equivalent risk corporate bond is paying 7 percent. Investors with a tax
masha68 [24]

Answer:

14.29% or higher

Explanation:

Municipal bonds interest rates are tax free. Corporate bond rates however are have tac benefits through tax shield.

The formula for aftertax corporate bond rate = pretax rate(1-tax)

pretax rate = 7% or 0.07 as a decimal

aftertax rate(to be indifferent between the two) = 6% or 0.6

In order to be indifferent, the tax rate would be;

0.07 ( 1- tax ) = 0.06

0.07 - 0.07tax = 0.06

0.07 - 0.06 = 0.07tax

0.01 / 0.07 = tax

tax = 0.1429 or 14.29%

Therefore, Investors with a tax rate of 14.29% or higher would prefer the municipal bond.

7 0
3 years ago
Lisa Smith has her age listed on her driver's license as being three years younger than it actually is. This is also how old she
Pani-rosa [81]

Answer:

Misstatement of age

Explanation:

Based on the information provided within this question it can be said that the term that describes what is happening in this situation would be Misstatement of Age. Like mentioned in the question this is a provision in many life insurance policies which adjusts the individuals premium to the actual price based on their age if there was an error with the individuals age in the policy. Which is exactly what has happened to Lisa Smith.

If you have any more questions feel free to ask away at Brainly

6 0
3 years ago
How do you calculate for equilbrium national income output?thank you ❤​
ad-work [718]

<em>Most simply, the formula for the equilibrium level of income is when aggregate supply (AS) is equal to aggregate demand (AD), where AS = AD. Adding a little complexity, the formula becomes Y = C + I + G, where Y is aggregate income, C is consumption, I is investment expenditure, and G is government expenditure.</em>

8 0
3 years ago
Sue says that customers are "expecting a whole lot more for their dollars so the level of customer service has to be that much b
Mumz [18]

Answer:

A. Applied research

Explanation:

Applied research is defined as a study that is aimed at finding answers to specific practical problems. The information.gained from applied research is usually applied to business activity to improve a product, service, or process.

In the given scenario Sue sends an email survey to current customers to discover what additional services Camp Bow Wow might offer. Based on the results, Sue intends to implement new services.

She is using applied research to gain information that will improve customer service in the organisation

6 0
3 years ago
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