When Lee talks about an approach to management that helps to attain customer satisfaction through tools that deliver high-quality goods, he is referring to

Answers

Answer 1

Answer:

Total quality management (TQM).

Explanation:

Total quality management is refer to a management framework that is focused on achieving long-term success through the satisfaction of your customers by the efforts of all the member of staff in an organization.

This ultimately implies that, total quality management (TQM) is a management tool used by businesses to attain customers' satisfaction and improved level of productivity leading to long-term success in the business.

In conclusion, total quality management (TQM) is an approach to management that helps a business firm to attain customer satisfaction by employing or making use of tools that deliver high-quality goods. Thus, Lee is referring to total quality management (TQM).


Related Questions

ABC International sells a machine for $35,000 in cash on December 31, 2019. Initially this asset was purchased on 01 January 2013 for $100,000 with the estimated useful life of 10 years. Please prepare the journal entry and supporting calculations for this asset sale transaction.

Answers

Answer:

$1000023033500

Explanation:

100000*35000

Adams, a general contractor, Brinks, an architect, and Carson, an interior decorator, formed the Dex Home Improvement General Partnership by contributing assets as follows: Fair % of Partner Share Adjusted Market in Capital Asset Basis Value Profits and Losses Adams Cash $40,000 $40,000 50% Brinks Land $12,000 $21,000 20% Carson Inventory $24,000 $24,000 30% The land was a capital asset to Brinks, subject to a $5,000 mortgage, which was assumed by the partnership. Brinks' initial basis in Dex is:

Answers

Answer:

8,000

Explanation:

Calculation to determine what Brinks' initial basis in Dex is:

Carryover Basis of Land Contributed by Brinks $12,000

Less Mortgage Assumed by the Partnership ($5,000)

Add Mortgage percentage Kept by Brinks $1,000

(.20 x $5,000)

Brink's Initial Basis $ 8,000

($12,000-$5,000+$1,000)

Therefore Brinks' initial basis in Dex is: $8,000

The natural rate of unemployment is best defined as A. the state of the economy when there is zero unemployment. B. the rate of unemployment when there is no frictional or cyclical unemployment. C. the rate of unemployment when there is no cyclical or structural unemployment. D. the rate of unemployment after all workers and employers have fully adjusted to all changes in the economy.

Answers

Answer:

The answer is D

Explanation:

Natural rate of unemployment is the rate at which labor market is in equilibrium. In other words, it is the the rate of unemployment after all workers and employers have fully adjusted to all changes in the economy.

A city filed eminent domain proceedings in order to obtain 40 beach houses fronting a particularly attractive stretch of shoreline. As part of an elaborate plan to increase the city's tourist trade and revive the local economy, the city planned to sell the beach houses to a company that would demolish the houses and build a luxury hotel in their place. The owners of the beach houses have challenged the city's exercise of eminent domain, contending only that the city's plan is unconstitutional. Will the owners of the beach houses be likely to prevail

Answers

Answer:

No, because the planned sale to the private developer to increase the tourist trade qualifies as a public use.

Explanation:

Eminent domain is the provision that gives a government the ability to take a private property and convert it to public use. The owner of the property is however required to be compensated adequately.

In this instance the city filed eminent domain proceedings in order to obtain 40 beach houses as part of an elaborate plan to increase the city's tourist trade and revive the local economy.

Since this is for public gain the city has a legal right to file for an eminent domain here.

So the owners will most likely not prevail in this situation

Your friend Reggie needs to write a resume and asked for your help. In at least 150 words, create a guide for Reggie. What are the essential parts of the resume? What will he need to include? What will he need to avoid? Include information about how he should organize.

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Answer:

Name

Address

Contact Number

Objective

Work Experience

Extra Curricular Activities

School Graduated

Referral

Signature

Explanation:

Simple steps in making a Resume

On average, a person with a bachelor's degree earns
than a person
with an associate degree and
than a person with a master's
degree.

Answers

Answer:

More than a person with an associate degree and less than a person with a masters degree.

Explanation:

why is south africa regarded as a developing country​

Answers

Answer:

This is due to the fact that South Africa is currently in a state of poverty and has very high unemployment rates, meaning there are a lot of poor people on the streets and it is uneasy/many do not have jobs either.

Explanation:

Which of the following is a direct financial interest? An interest where the individual is not the record owner but has a right to some or all of the underlying benefits of ownership

Answers

Answer: One owned directly by the covered member (even if managed by others.

Explanation:

A direct financial interest refers to the financial interest which is owned directly by an individual, under the control of an individual or beneficially owned through the investment vehicle.

A direct financial interest is one that is owned directly by the covered member (even if managed by others). Direct financial interest simply implies the ownership or the part ownership of a business, and this includes stocks, bonds, lands etc.

A business decides to produce less of an item. Which of the following occurs?

The business is attempting to indirectly influence supply.

The business is directly influencing demand.

The business is attempting to indirectly influence demand.

The business is directly influencing supply.

Answers

Answer:

c

Explanation:

Office Manager: definition, what do they do?

And, what is the training I need to become an office manager?

Answers

Explanation:

essentially ensure the smooth the running of an office day to day basis and may manage a team of administrative or support staff

Help me with questions 1 - 4

Help me!!!!!!!!!!!!! It’s for music class or orchestra

I need help please!!! Due tomorrow

Answers

answer:-

it is for music class and I don't know the notes

It is April 2018 and Mark is a novice investor who wants to decide between purchasing shares in EagleCorp or Myna Bird Inc. In fiscal year 2017, EagleCorp's return on invested capital (ROIC) was 15 percent, and its cost of capital was 12 percent. During the same period, Myna Bird Inc.'s ROIC was 22 percent and its cost of capital was 25 percent. What does this information tell Mark? Question 1 options: Myna Bird Inc. is more likely to create value while EagleCorp is more likely to destroy value. EagleCorp is more likely to create value while Myna Bird Inc. is more likely to destroy value. Both Myna Bird Inc. and EagleCorp are likely to create value. Neither Myna Bird Inc. nor EagleCorp are likely to create value.

Answers

Answer:

EagleCorp is more likely to create value while Myna Bird Inc. is more likely to destroy value.

It is April 2018 and Mark is a novice investor who wants to decide between purchasing shares in EagleCorp or Myna Bird Inc. In the fiscal year 2017, EagleCorp's return on invested capital (ROIC) was 15 percent, and its cost of capital was 12 percent. During the same period, Myna Bird Inc.'s ROIC was 22 percent and its cost of capital was 25 percent. Here EagleCorp is more likely to create value while Myna Bird Inc. is more likely to destroy value.

discuss the steps of growing mushrooms
not a too long answer ​

Answers

Answer:

The Pennsylvania State University,

College of Agriculture, Extension Service,

University Park, Pennsylvania

Mushroom farming consists of six steps, and although the divisions are somewhat arbitrary, these steps identify what is needed to form a production system.

The six steps of mushroom farming:

Phase I

1. Composting

Phase II

2. Composting

3. Spawning

4. Casing

5. Pinning

6. Cropping

Assume that Heather always maximizes her total utility given her budget constraint. Every morning for breakfast Heather has two eggs and three sausages. If the marginal utility of the last egg is 20 utils and the price of eggs is $2 each, what can we say about the marginal utility of the last sausage if the price of each sausage is $1

Answers

Answer: 10 units

Explanation:

The marginal utility per dollar spent on the last egg should be equal to the marginal utility per dollar spent on the last sausage.

Marginal utility per dollar spent on last egg = Marginal utility / Price of egg

= 20 / 2

= 10 units per dollar

Marginal utility per dollar spent on last sausage = Marginal utility / Price of sausage

10 = Marginal utility / 1

Marginal utility = 10 units

Etica, creatividad, compromiso, excelencia, integridad, credibilidad, pueden ser ejemplos de visiones.
Es VERDADERO O FALSO? . Si es Falso lo justificas.

Answers

Answer:si English?

Explanation:

Feel Good Inc. is a multinational sports goods manufacturer that uses a different strategy in each of its subsidiaries and operations. Moreover, all decision-making is decentralized, which leaves the company open to the threat of opportunistic behavior. Since the expatriate managers do not rely on headquarters expertise, there is also an asymmetry in the transfer of information and specialized knowledge. In the context of the four international strategies proposed by Bartlett and Ghoshal, Feel Good Inc. uses a(n) _____.

Answers

Answer:

multidomestic strategy.

Explanation:

It is correct to state that in the context of the four international strategies proposed by Bartlett and Ghoshal, Feel Good Inc. uses a multi-domestic strategy, which occurs when a company uses several different marketing strategies according to the location where it operates.

Feel Good Inc uses a multi-domestic strategy because the statement tells us that the company uses a different strategy in each of its subsidiaries and operations, and that decision-making is decentralized.

This strategy can be advantageous for adapting the marketing campaign to the needs and desires of a specific target audience in a place. To be effective, market research, population study and market segmentation must be carried out.

Project A has an initial cost of $75,000 and annual cash flows of $33,000 for three years. Project B costs $60,000 and has cash flows of $25,000, $30,000, and $25,000 for Years 1 to 3, respectively. Projects A and B are mutually exclusive. The incremental IRR is _______ and if the incremental IRR is lower than the required rate of return then Project _______ should be accepted.

Answers

Answer:

12.89%

the project should not be accepted

Explanation:

Incremental IRR can be determined by subtracting the cash flows of the project with the smaller cost from the cash flows of the project with the higher initial cost then using the cash flow derived to calculate the IRR

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Incremental cash flow in year 0 = -(75,000 - 60,000) = -15,000

Incremental cash flow in year 1 = 33,000 - 25,000 = 8,000

Incremental cash flow in year 2 = 33,000 - 30,000 =  3,000

Incremental cash flow in year 3 =  33,000 - 25,000 = 8,000

IRR = 12.89%

A project should be accepted only if the incremental IRR is greater than the required return. If this is not the case, the project should not be accepted

To determine IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

Owning a patent: Multiple Choice Gives its owner an exclusive right to manufacture and sell a device or to use a process for 50 years. Gives the owner exclusive rights to manufacture and sell a patented item or to use a process for 20 years. Gives the owner the exclusive right to publish and sell a musical or literary work during the life of the creator plus 70 years. Gives its owner the exclusive right to publish and sell a musical or literary work during the life of the creator plus 17 years. Indicates that the value of a company exceeds the fair market value of a company's net assets if purchased separately.

Answers

Answer:

Gives the owner exclusive rights to manufacture and sell a patented item or to use a process for 20 years

Explanation:

A patent is defined as a rights that the owner of an innovative product or process has that allows him to exclusively manufacturer the product or have the only right to use a particular process for 20 years.

Usually the item patented gives a new way of solving problems.

Any duplication of the product or service that is patented has to be with the consent of the owner.

Patents allow inventors of products and services to be adequately compensated.for their innovation.

Stabilisation is an important factor of

Answers

Answer:

to prerequisite of economic growth...........

if my answer helps you than mark me as brainliest

The Eye Clinic of Dr. Christensen is investing in some equipment to perform corrective eye surgery. It is expected that the equipment purchase will generate an internal rate of return of 24%. This equipment was chosen over equipment to perform cataract eye surgery. Thus, the internal rate of return of the cataract eye surgery equipment must have been ______.

Answers

Answer:

must have been less than the internal rate of return of the corrective  eye surgery equipment.

Explanation:

The internal rate of return is a capital budgeting method that is used to determine the profitability of a project.

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

The decision rule when using the internal rate of return is to undertake the project if the internal rate of return is greater than the required return of the project. If this is not met, the project should be rejected.

If choosing between multiple projects, the decision rule is to choose the projects with the highest internal rate of return. This is because that project would be the most profitable.

Advantages of the internal rate of return

it considers the time value of cash flowsit considers the profitability of a project over the entire lifespan of the project.

Disadvantage of the internal rate of return

A project may have more than one internal rate of return.

The price elasticity of supply measures how Multiple Choice easily labor and capital can be substituted for one another in the production process. responsive the quantity supplied of X is to changes in the price of X. responsive the quantity supplied of Y is to changes in the price of X. responsive quantity supplied is to a change in incomes.

Answers

Answer:

Yes

Explanation:

Cause an increase in price causes increase in goods produced

Consider five individuals with different occupations. Allen prepares taxes wants ribs Betty does dry cleaning wants computer fixed Calvin fixes computers wants bread Diedre bakes bread wants taxes prepared Eric barbecues ribs wants dry cleaning If this economy has money a. Allen will buy from Betty b. Betty will buy from Calvin c. Eric will buy from Allen d. None of the above are correct.

Answers

Answer:

D. None of the above are correct.

The actions that top executives should take to lead the strategy execution process include Multiple select question. rewarding employees for performing their assigned duties. knowing what's going on at all levels of the organization. helping employees execute strategy successfully. making sure results are strategy-oriented.

Answers

Answer:

helping employees execute strategy successfully.

knowing what's going on at all levels of the organization.

making sure results are strategy-oriented.

Explanation:

The actions where the top executives result in the strategy execution process  involves the employees for helping to execute the strategy in a successful manner. Also we are aware what things are going on at all levels i.e. top, middle and bottom. In addition to this, the results that comes should be strategy-orinted

Therefore the above 3 statements should be considered

As a condition of his employment with an investment bank, Abasi Hasina, CFA, was required to sign an employment contract, including a non-compete clause restricting him from working for a competitor for three years after leaving the employer. After one year, Hasina quits his job for a comparable position with an investment bank in a country where non-compete clauses are illegal. Lawyers with whom he consulted prior to taking the new position determined that the non-compete clause was a violation of human rights and thus illegal. Did Hasina most likely violate the CFA Institute Code of Ethics and Standards of Professional Conduct

Answers

Answer:

Yes

Explanation:

In simple words, as per the CFA institute code and standards for ethical and professional conduct, a finance professional must obey the stricter law when conflicted by the national law of the country they are working in and the CFA institute rules and guidelines.

Since the CFA institute regulates and guide to protect the benefit of the employer, we can conclude that Abasi Hasina has violated the CFA institute codes.

Reasons for looting ​

Answers

Answer:

if anyone do something wrong

Answer:

There are several reasons people loot, the most common being a retaliation against someone or something ( an anger towards a business or company ) and leads to plundering the goods of a store or shop. It's also a sad but common theme to loot after natural disasters, such as a hurricane or earthquake. Less common is looting in war, and the only reason it's less common is because fortunately we don't have any wars at the immediate moment

Hey y'all...

Can you guys help!!

How is foreign employment protectional /development board supportive to the foreign employment?

Use your own language!!

Thanks!!​

Answers

Answer:

The development objective of the project is to contribute to poverty reduction in Nepal, through reducing the vulnerability of Nepalese migrant workers to forced labour and trafficking, and increasing opportunities for safe and productive migration for employment overseas.

The development objective of the project is to contribute to poverty reduction in Nepal, through reducing the vulnerability of Nepalese migrant workers to forced labour and trafficking, and increasing opportunities for safe and productive migration for employment overseas

Erosion can be described as the _____________________. Multiple Choice expenses that have already been incurred and cannot be recovered change in net working capital related to implementing a new project cash flows of a new project that come at the expense of a firm's existing cash flows alternative that is forfeited when a fixed asset is utilized by a project differences in a firm's cash flows with and without a particular project

Answers

Answer:

washing away of the top most layer of the Earth surface

Fresh Breath Enterprises (FBE) is a well-known manufacturer of mouthwash. Its main facility is a mint-processing plant, which is currently operating at only 60% capacity. FBE is considering the introduction of a line of mint chewing gum that would use the same mint-processing plant as part of its production process. This proposed production scenario is an example of:

Answers

Answer:

Economies of scope

Explanation:

In the case of economies of scope, the efficiency should be attained via generating the variety of goods and services. In this the production cost is reduced at the time when different kinds of products are being produced

so as per the given situation, it is an example of the economies of scope

Therefore the same is to be considered and relevant

In addition to the Small Business Job Protection Act of 1996 encouraging small businesses to allow employees to enroll into a 401(k), what percentage of vesting begins immediately for the employee

Answers

Answer:

100%

Explanation:

401(k) plans are financial provisions that guarantee financial security after retirement. Prior to the Small Business Job Protection Act of 1996, these provisions were bogus and difficult to understand/comply with by businesses. The Act simplifies the requirements and allows employees to enroll in the 401(k) plans where the annual contributions testing is bypassed. Employees vest 100% of their salary. This means that they cannot forfeit all the money contributed. After retirement, they can benefit from their deferrals and profits.

AmeriSource is a distributor of pharmaceutical products and related health-care services. It merged with Bergen in 2001 to become AmerisourceBergen. It provides a wide assortment of pharmaceutical products to health-care institutions such as hospitals. It also provides technical advice, equipment, and support for health-care institutions throughout the United States. AmerisourceBergen is best classified as a

Answers

Answer:

full-service wholesaler.

Explanation:

Based on the description in the question, AmerisourceBergen is best classified as a FULL-SERVICE WHOLESALER.

A full-service wholesaler or full function wholesaler is defined as a wholesaler who offers various forms of services such as buying, selling, storing, transporting, sorting, financing, providing market feedback, and risk-taking activities while serving the industry to which it belongs.

Hence, in this case, the right answer is A FULL-SERVICE WHOLESALER

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