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Licemer1 [7]
3 years ago
8

Companies employing total quality management (TQM) programs know that Multiple Choice quality control should be incorporated onl

y in the final stage of the transformation process. benchmarking quality standards will reduce their competitive advantage. reworking defective products is the best way to ensure high standards of quality. TQM requires constant improvements in all areas of the company as well as employee empowerment. quality control should be a function of the operations process and not an element of the product itself.
Business
1 answer:
ladessa [460]3 years ago
4 0

Answer:

<u>TQM requires constant improvements in all areas of the company as well as employee empowerment.</u>

Explanation:

As the name implies, total quality management requires constant improvements in all areas of the company as well as employee empowerment.

In other words, the company expects 99.99% accuracy in all areas of operations which should also include employee empowerment so that they can better meet quality standards.

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A 2-year T-note was issued 9 months ago with a face value of $1000. It pays a 5% per annum coupon, paid semiannually. Suppose th
grandymaker [24]

Answer:

The Price of Bond today = $997.07

Explanation:

Semi annual coupons = $1000 * 5% / 2

Semi annual coupons = $25

As 9 months is already over in the two year bond, the coupons are payable

3 months from now, 9 months from now and 15 months from now.

The present value of all these coupons and the principal should be equal to the price of the bond today.  In case of continuous compounding, the formula for Present Value of any future Cash flow C is C*e^(-r*t).

Price of Bond = $25 * e^(-0.06*3/12) + 25*e^(-.061*9/12)+ 1025*e(-0.062*15/12)

Using the value of e as 2.71828

Price of Bond = $25 * 2.71828^(-0.06*3/12) + 25*2.71828^(-.061*9/12)+ 1025*2.71828(-0.062*15/12)

Price of Bond = $ 25 * 2.71828 ^-0.015 + 25*2.71828^-0.04575 + 1025*2.71828^-0.0775

Price of Bond = $ 25 * 1/2.71828^0.015 + 25*1/2.71828^0.04575 + 1025*1/2.71828^0.0775

Price of Bond = $997.07

7 0
3 years ago
Which of the following BEST describes the process of appointing a federal judge?
suter [353]

Answer:

C

Explanation:

The president appoints a nominee to a judgeship, and then the Senate confirms the nominee.

4 0
2 years ago
Read 2 more answers
A bank quotes a stated annual interest rate of 4.00%. If that rate is equal to an effective annual rate of 4.08%, then the bank
Mrrafil [7]

Answer: Quarterly

Explanation:

Annual interest rate = 4.00%

Effective annual rate = 4.08%

To know if the bank is compounding interest daily or quarterly goes thus:

Effective Annual rate can be calculated using:

= (1+Periodic rate)^number of compounding periods - 1

Therefore, we calculate the daily compounding effective annual rate which will be:

= (1+4%/365)^365 - 1

= (1 + 0.04365)^365 - 1

= 4.08%

For Quarterly EAR, this will be:

= (1+4%/4)^4 - 1

= (1 + 0.04/4)^4 - 1

= 4.06%

Therefore, the a bank is compounding interest Quarterly

6 0
3 years ago
On January 2, 2014, Best Beverages acquired 45 percent of the stock of Better Bottlers for $30 million in cash. Best Beverages a
Alex787 [66]

Answer:

Calculation of 2014 equity in net income

Better Bottler's net income                      $1,125,000

($2,500,000* 45%)  

Less: Amortization of patents and           $450,000

trademarks  revaluation

(160-150* 1000,000/10 at 45%)

Less: Amortization of brand names          $270,000

($9000,000 /15 at 45%)

Equity in net income of Better bottles   $405,000

                                Journal entries

Description                                         Debit         Credit

Investment in better bottles        $405,000

Equity in net income of better bottle               $405,000

Cash                                                 $292,500

($650,000 * 45%)

investment in better bottles                             $292,500

b) Calculation of investment balance

Investment balance, Jan 2,2014                           $30,000,000

+ Reported income less dividends                         $5,400,000

($25,000,000 equity - $13,000,000 retained

earnings) * 45%  

-  4 yr of revaluation write off                                

($450,000 * 4)                                                         $1,800,000

($270,000 *4)                                                         <u>$1,080,000</u>

Investment balance, Dec 31, 2017                      <u>$32,520,000</u>

4 0
3 years ago
Valuable skills and knowledge that employees possess is called
blagie [28]
Answer:  "intellectual capital" .
_________________________________________________
8 0
3 years ago
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