Quality management is the act of overseeing all activities and tasks that must be accomplished to maintain a desired level of excellence. This includes the determination of a quality policy, creating and implementing quality planning and assurance, and quality control and quality improvement.
Answer:
c. high because buyers generally feel that they can do without it
Explanation:
Income elasticity of demand measures the degree of responsiveness of quantity demanded of a product with respect to the change in the income of the consumer, keeping other factors affecting demand as constant.
It is represented as
=
A High income elasticity of demand conveys, a rise in the income of the consumer is accompanied by a higher increase in the quantity demanded. Similarly, a fall in the income of the consumer is accompanied by a greater fall in the quantity demanded.
Caviar fish is expensive and would be usually characterized as a luxury. Thus, if the income of the consumer falls, he will end up forgoing relatively higher quantity of caviar since the consumer believe it to be easier to do away without it.
Answer:
Money serves several functions: a medium of exchange, a unit of account, a store of value, and a standard of deferred payment.
The correct answer that would best complete the given statement above would be PRIVATE BRAND. <span>Equate, a brand of health and beauty care products, is available only at Walmart stores. Equate is a private brand. Other choices for this question include manufacturer's, international, family and corporate. Hope this helps.</span>
Answer:
Under striaght line the depreciation wil be of 10,548 dollar per year.
Explanation:
the accouting will enter the asset as the sum of all necessary cost to aquire it and leave it ready for use:
price 54,500
taxes 2,050
shipping 100
insurance 110
installation <u> 80 </u>
<em>total </em><em> 56,840</em>
depreciation per year:
(cost - salvage value ) / useful life
(56,840 - 4,100) / 5 = 10.548