Answer:
$2,666
Explanation:
Given that:
- Current ask price: $4.30
- Bid quotes $4.27
- Market buy order: 620 shares
So, the cost to buy these shares:
Number market buy order * Current ask price/share
= 620*$4.30
= $2,666
Hope it will find you well.
Answer:
detects potential problems early to prevent their occurrence.
Explanation:
Six Sigma is a quality business management strategy which helps business organizations to improve the quality of processes, products and services by discovering and eliminating defects, variations or errors. It is a strategic business concept that was developed in 1986 by Motorola.
This ultimately implies that, the six sigma approach to quality control detects potential problems early to prevent their occurrence.
Under the six sigma approach, any process that doesn't provide customer satisfaction or causes challenges in an organisation's process should be eliminated from the system in order to produce quality products and services. It allows only 3.4 defective features for every million opportunities and as such expects processes to be defect free 99.99966 percent of the time.
<em>Generally, there are two (2) main methods of achieving the six sigma approach;</em>
<em>1. DMAIC: define, measure, analyze, improve and control.</em>
<em>2. DMADV: define, measure, analyze, design and verify. </em>
D. can be flipped for profit and E. has a maturity date
Answer:
$36,602.5
Explanation:
Your profit each year of saving $7,300 at 8.5% return each year is $620.5
In that case you earn $7,920.5 each. Multiply by 5 years which is the fifth year you made the last deposit, and you will arrive at $36,602.5
Answer:
Import substitution industrialization (ISI) is a trade and economic policy which advocates replacing foreign imports with domestic production. Domestic consumers benefit from import substitution as they do not have to face strong competition from foreign competitors and can sell their goods at a higher price. So for example manufacturers in USA sell a battery from $10 but consumers from USA have the option to import that battery at $7 from China the US manufacturers wont be able to compete as Chinese companies have lower cost of production therefore they can sell cheaper and in order to protect the local manufacturers the government may use an ISI strategy to help the local manufacturers. On the other hand consumers are harmed from this strategy as they cannot buy the cheaper product because of change in government strategy. So consumers who were buying the battery at $7 not have to buy it at $10.
Explanation:
