A clothing manufacturer builds quality into its operating system, placing responsibility on each employee. This process is known as quality assurance. Therefore, option (c) is the correct answer.
Any organised procedure for verifying whether a good or service satisfies predetermined standards is known as quality assurance (QA). QA creates and upholds predetermined standards for creating or producing dependable products. An organization's work procedures and efficiency are improved by a quality assurance system, which also helps the business compete more effectively. This system is intended to boost client confidence and a company's credibility.
Quality control enables a business to provide goods and services that satisfy consumer needs, expectations, and demands. It results in high-quality product offers that encourage consumer trust and loyalty. A quality assurance program's standards and guidelines aid in stopping product flaws before they occur.
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Complete question:
A clothing manufacturer build quality into its operating system, placing responsibility on each empylee. This process is known as quality:
A.) delivery
B.) guarantee
C.) assurance
D.) inspection
in the customer journey, experiences such as a disappointment in product quality, long wait times, not receiving a correct order, or not getting a response to an inquiry would be examples of:
In the customer journey, experiences such as a disappointment in product quality, long wait times, not receiving a correct order, or not getting a response to an inquiry would be examples of: typical complaints.
What is typical complaints?Typical complaints can be defined as the way in which a customers tend to express their grievance or when a customer complain about the nonchalant attitude of a company due to lack of delivery quality customers service that was displayed by the company.
When a customer who bought a product from a company tend to experience disappointment in the product because they do not derived satisfaction from the product this can tend to lead the company to lose that customers as the customers may be discourage to buy the company product again.
Therefore this is an example of typical complaints.
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a division sold 200,000 calculators during 2017: sales $2,000,000 variable costs: materials $380,000 order processing 150,000 billing labor 110,000 selling expenses 60,000 total variable costs 700,000 fixed costs 1,000,000 how much is the unit contribution margin? group of answer choices $1.00 $3.50 $8.50 $6.50
Option d. $6.50 is the correct answer. The contribution margin of the division is $6.50
The contribution margin refers to the difference between the selling price and the variable costs. It also refers to the amount that can cover the total fixed costs for a particular period. When the total amount of contribution margin exceeds the fixed costs the remainder is the profit realized by the company.
First, let's compute the contribution margin.
Contribution Margin = Sales - Variable costs
Contribution Margin = $2,000,000 - $700,000 = $1,300,000
Next, let's compute the contribution margin per unit.
Contribution margin per unit = Contribution margin / Total units sold
Contribution margin per unit = $1,300,000 / 200,000 units = $6.50
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wages from a job a student gives up to attend summer school would be a sunk cost. group startstrue or falsetrue, unselectedfalse, unselected
The wages from a job a student gives up to attend summer school would be a sunk cost. False, it is an opportunity cost. The opportunity cost is the potential foregone profit from a missed opportunity.
What is an opportunity cost?The opportunity cost is the cost of the alternative that we waive when we make a certain decision, including the benefits that we could have obtained from having chosen the alternative option.
In economics, the opportunity cost is explained by the conflict of choice that an economic agent has in a scenario of scarcity, that is, when one can not have at the same time the objects of choice.
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new classical economists believe that an increase in deficit financing by the government will
According to new classical economists, the government's increase in deficit financing will increase savings but not stimulate the economy.
What, according to classical economists, occurs during a recession?According to classical economics, the economy would return to full employment without the intervention of the government if prices, wages, and interest rates fell naturally during a recession.
What are the views of classical economists?The old-style business analysts accept that the market is in every case clear since cost would change through the cooperations of market interest. There is no need to interfere because the market regulates itself. A laissez-faire approach to macroeconomic policy is said to be advocated by economists.
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adam's surfboard factory is making positive economic profits. if the price of a surfboard is $900, adam's output is 300 surfboards per month, and his monthly average cost is $700, what is his monthly profit? $60,000 $270,000 $210,000 $200
$200 is his monthly profit. The plot is revealed in reverse order using the narrative structure and storytelling technique known as reverse chronology.
This method is used in stories where the opening scene really serves as the resolution of the story. Place your most recent or current position at the top. then proceed with the preceding ones. The reverse-chronological resume sequence operates in this manner. For each position you profit, list the dates you held it as well as your job title and the name of the company. List all of your degrees, from college onward, in reverse chronological order, along with the institution they were earned from and the date they were granted.
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redistribution of income occurs through the federal income tax and government antipoverty programs. explain whether or not this level of redistribution is appropriate and whether more redistribution should occur.
Redistribution through a variety of distinctive strategies to promote justice must continue unless the economy's poverty is substantially eradicated.
Income redistribution is done to maintain a balance of income, which means that neither the wealthy nor the poor should have access to necessities of life inequitably.
Anti-poverty initiatives are somewhat reasonable if they meet the bare necessities of individuals who are actually in need. Making unfair use of the implemented policies and initiatives is not permitted.
Similar to this, while the federal income tax system, which levies taxes on individuals based on their earning capacity, is fair, certain members of the more affluent classes of society discover creative ways to avoid paying these taxes, which must be monitored. Any current gaps must be closed and fixed to ensure a just redistribution of income.
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a company tries to avoid the potential for violence or a lawsuit each time an employee is asked to leave the company. it does this by having the former employees meet with a specialized member of the hr staff to discuss their feelings while also getting help to find a new job. which strategy does the company use in this scenario? multiple choice an employee assistance program outcome fairness alternative dispute resolution fair representation
This is accomplished by scheduling a meeting between the ex-employees and a qualified member of the HR team so that they may express their views and receive assistance in finding a new position. In this case, the company's tactic is outplacement counseling.
Outplacement counseling: What is it?Employers may include outplacement counseling in their employees' severance packages in order to help them gain the skills required to re-enter the workforce. Outplacement counseling services were once provided in-person, but modern outplacement counseling is now primarily provided online, making it more accessible and practical.
What do services for outplacement counseling do?After years of employment with one company, searching for a new position can be difficult, especially for individuals whose career was abruptly terminated. Outplacement businesses typically provide the following services to assist such people in getting back on their feet:
Evaluations
Based on their talents and expertise, specialized career advisers can identify the jobs that would be the best fit for a person.
Career events
Job seekers have the chance to meet potential employers and learn more about various businesses.
Resume creation
Candidates can enhance their resumes and raise their chances of getting an interview by using online resources and counseling services.
Interview preparation
Candidates identify essential discussion themes and hone their body language and conversational skills with the help of a coach.
Educational materials
People may be directed to webinars, workshops, or online tutorials that can assist them in developing the skill set they desire.
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a company issues 100,000 shares of $1 par value common stock for $17 per share. to record this transaction, the company would credit common stock for:
A company issues 100,000 shares of $1 par value common stock for $17 per share. To record this transaction, the company would credit common stock for $100000.
What is common stock?Calculation
Total paid in capital (100000×17) 1700000 Less: Common Stock (100000×1) -100000 Additional paid in capital 1600000
Common stock refers to a form of corporate equity ownership, a type of security. The terms voting share and ordinary share are also used frequently outside of the United States. They are known as equity shares or ordinary shares in the UK and other Commonwealth realms. This type of share gives the stockholder the right to share in the profits of the company, and to vote on matters of corporate policy and the composition of the members of the board of directors.
Common stock is a component of paid-in capital, which is the total amount received from investors for stock.
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What is absolute advantage in international trade?
A producer has an absolute advantage over its rivals when it can create a good or service in a higher volume for the same price, or in the same volume at a cheaper price.
Absolute advantage can be attained by employing fewer inputs or a more effective process to produce the product or service at a lower absolute cost per unit. Adam Smith, an economist from the 18th century, introduced the idea of absolute advantage in his book 'The Wealth of Nations' to explain how nations might profit from trade by specializing in production and exporting the things that they can manufacture more successfully than other nations. Absolute winners can choose to focus on producing and selling a certain commodity or service, then utilize the proceeds to buy goods and services from other nations.
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what accounting activities make a merchandising business differ from a service business? question 9 options: the purchasing of supplies and insurance the selling on account the owners capital and drawing account the purchasing and selling of products
The primary difference between a merchandising and a carrier-primarily based commercial enterprise is the presence of inventory. merchandising companies promote items to purchasers, whereas provider-primarily based agencies do no longer. The organization's economic statements, which include the profits statements, ought to replicate this distinction.
Although merchandising and service businesses use the same 4 final entries, merchandising groups typically have extra temporary debts to shut. the extra debts consist of income, sales returns and allowances, income discounts, purchases, purchases returns and allowances, purchases discounts, and freight‐in.
Accounting for a merchandising commercial enterprise requires understanding the prices and phrases of buying from providers. The higher a commercial enterprise proprietor can negotiate terms, the higher his profit margins can be, and the less risk he assumes, based on capability loss or breakage.
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all of the following are perceptual errors that can bias performance appraisals except: a. similar-to-me effect b. spillover effect c. critical factor effect d. recency effect
Perceptual errors that can bias performance appraisals should be chosen because the people do have a greater chance. It should happen when the employee is rated favourably, which means they are rated higher than their peers. The correct option is C. Critical factor effect.
This leads to good performance because of an advantage rather than business activities. Given the circumstances, luck should be responsible for the larger production.The tendency to exaggerate the impacts of internal or personal reasons of conduct while underestimating the effects of external or situational causes of behaviour is known as fundamental attribution mistake.
In social psychology, this tendency to overemphasise dispositional and personality-based explanations of an individual's observed behaviour while underplaying situational and environmental explanations is known as fundamental attribution error (FAE), also known as correspondence bias or attribution effect.
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computer equipment was acquired at the beginning of the year at a cost of $65,000 that has an estimated residual value of $3,800 and an estimated useful life of 8 years. a. determine the depreciable cost. fill in the blank 1 of 1$ b. determine the straight-line rate. round your answer to one decimal place. fill in the blank 1 of 1 % c. determine the annual straight-line depreciation. fill in the blank 1 of 1$
The depreciable cost of the computer equipment is $60,000.
What is depreciation?Depreciation is a term used in accounting to define two different aspects of the same concept: first, the exact decline in an asset's fair value due to use and wear, such as the annual decrease in the worth of factory equipment; and second, the allocating in financial statement of the asset's original cost to the periods during which the asset is used. Business depreciates long-term investments for accounting and tax purposes. Depending on the type of asset and the company, depreciation techniques and time periods for tax reasons may vary. A falling balance, straight line, and fixed percentage method are just a few of the methods that can be used to compute depreciation expense.
Depreciation cost = Acquired value of the equipment - estimated residual value
= $63,000 - $3,000
= $60,000
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In the domestic market, following the imposition of an import quota, imports ________, domestic production ________, and prices ________.
In the domestic market, following the imposition of an import quota, imports decrease domestic production increases and prices increases.
The import quota would be viewed as the country's maximum import allowance in the case of the domestic market. Now, when the import quota is implemented, the import is reduced, the domestic output is boosted, and the price is likewise elevated.
A restriction on imports will result in higher domestic prices and, in the case of a big country, lower export prices. After the quota is put in place, the gap between domestic and foreign pricing is referred to as a "quota rent." The number of imports will be decreased to the quota amount by an import quota.
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what would be a way for the federal reserve to slow down the economy when it is growing too quickly or is inflationary?
One way through which the Federal Reserve can slow down the economy when it's growing too quickly is through b. buy back government bonds on the open market.
Open market operations are one method the Federal Reserve uses to slow down the economy when it is expanding too quickly. The Federal Reserve has the option to sell additional government bonds on the open market, which would reduce the amount of money in circulation and raise interest rates.
In order to keep the federal funds rate, which is the interest rate at which depository institutions lend reserve balances to other depository institutions overnight, close to the target set by the FOMC before the global financial crisis, the Federal Reserve used OMOs to modify the supply of reserve balances.
After the financial crisis, the Federal Reserve's strategy for carrying out monetary policy has undergone significant change. This is especially true since late 2008, when the FOMC adopted a target range for the federal funds rate that was almost zero.
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Correct question:
What would be a way for the Federal Reserve to slow down the economy when it is growing too quickly or is inflationary?
a. print more money
b. buy back government bonds on the open market
c. sell more government bonds
d. encourage the stock market
in the breakthrough energy catalyst video case, investments are being made to develop technologies to convert biological inputs, including municipal waste, into what product?
In the breakthrough energy catalyst video case, investments are being made to develop technologies to convert biological inputs, including municipal waste, into Sustainable Aviation Fuel product. the correct answer is A.
The catalytic process, which requires the insertion of a catalyst, speeds up chemical reactions. Catalysts are not used up during the reaction or after it. When the reaction is rapid and the catalyst recycles quickly, very little amounts of catalyst are frequently sufficient; the reaction's speed is influenced by a number of factors, including temperature, surface area, and mixing.
Investments are being made to develop technology to transform biological inputs, including urban garbage, into Sustainable Aviation Fuel
Typically, catalysts engage in reactions with one or more reactants to create intermediates, which subsequently result in the final product of the reaction, renewing the catalyst in the process. Catalysis can be categorized as homogeneous or heterogeneous depending on whether or not its constituent parts are dispersed in the same phase as the reactant.
Your question is incomplete but most probably the full question was
In the Breakthrough Energy Catalyst video case, investments are being made to develop technologies to convert biological inputs, including municipal waste, into what product?
A. Sustainable Aviation Fuel
B. Green Hydrogen
C. Direct Air Capture
D. Long-duration Energy Storage
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What gives Congress the power to raise taxes?
suppose that avery and stacey are going shopping at the local mall and that each decides independently whether to buy many items or few items. if both shoppers buy a few items, both will receive 70 utils; if both buy many items, both will receive 100 utils. if one buys many items, and the other buys few items, the one who buys many items will receive 150 utils, while the other will receive 40 utils. what is the nash equilibrium? both will buy many items. both will buy a few items. avery will buy many items while stacey will buy a few items. stacey will buy many items while avery will buy a few items.
Both will buy many items is the nash equilibrium. Thus, option D is correct.
What is a nash equilibrium?The most popular technique to describe the outcome of a non-cooperative match involving two or maybe more people is indeed the Nash equilibrium, A player can attain the preferred result by sticking to their starting tactic, according to equilibrium, a judgement call theorem of cognitive science. Each person's approach in the Nash equilibrium is the best one given what the other opponents have decided.
Assume Avery young Stacey decides on their own to purchase many or few products when browsing at the neighborhood mall. The nash equilibrium is that both will acquire numerous products.
Therefore, option D is the correct option.
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in which of the following market structures is(are) there a large number of sellers? (i) monopolistic competition (ii) perfect competition (iii) oligopoly a. (i), (ii), and (iii) b. (ii) only c. (i) and (ii) only d. (ii) and (iii) only
In monopolistic competition structures there are large number of sellers.
Option (i) is correct answer.
Monopolies can result in large economies of scale. A business enterprise that holds a monopoly on a certain form of product can be able to produce mass quantities of that product at lower charges consistent with unit. relying at the ethics of the company, those low prices may be passed alongside to the consumer.
Monopolistic opposition is a type of imperfect opposition such that there are numerous producers competing against every other, however selling merchandise which can be differentiated from each other and hence aren't best substitutes
Monopolistic opposition exists whilst many businesses offer competing services or products which might be comparable, but no longer best, substitutes. The obstacles to access in a monopolistic competitive industry are low, and the decisions of any person company do now not at once affect its competition.
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how much is $1 million to be delivered 20 years in the future worth today if the interest rate is 20 percent?
The current worth is $26,000.The present value PV formula follows. Divided by one plus R is the sequential feature value FP.
Do a future value calculation for a sum of present value?The present value PV formula follows. Divided by one plus R is the sequential feature value FP. The amount of time, which is 20 years, is provided to the authority here. So, the future value is worth $1,000,000 (FV = Future Value). A 20% interest rate follows. this comes out to 0.2 children.In order for the present value to equal 1,000,000, One + 0.20 is subtracted from this to get 20, then. Furthermore, two species equal two million integrated, or 1.20. 20 software computation, as the name suggests. 26,000 84 is what this amounts to. You got it. Therefore, the current worth is $26,000.To learn more about Present value refer to:
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vertical analysis of financial statements is accomplished by preparing common-size statements.a. trueb. false
The following statement "Vertical analysis of financial statements is accomplished by preparing common-size statements" is true.
Financial managers employ a method called common size analysis—also known as vertical analysis—to examine financial accounts. Each line item is expressed as a percentage of the period's base amount to analyze financial statements.
Vertical analysis on an income statement, balance sheet, or cash flow statement can be used to compare a company's financial statements to industry averages, understand the relative importance of each line item to the overall picture, identify significant long-term trends, compare several businesses of different sizes, or compare the proportions of each line item to the total.
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your enterprise has played fast and loose with customer information for years. while there has been no significant breach of information that could damage the organization and/or their customers, many in the enterprise feel it is only a matter of time before a major leak occurs. which type of threat actor is an employee who wishes to personally ensure that the enterprise is exposed and blocked from accessing their customers' information until they ensure more secure protocols?
Hacktivist ( Anyone who gains unauthorized access to computer files or networks to pursue social or political ends )
What is the role of hacktivists?
Hacktivists are groups of criminals who band together to carry out cyberattacks to support political ends. Hacktivists typically target entire industries, but they may also target specific organizations that they believe do not align with their political views and practices.
What is hacktivist example?
An example of hacktivist is denial of service (DoS) attack. This includes shutting down systems to prevent customer access. Other examples include allowing citizens to access her state-censored websites and providing threatened groups (such as Syrians during the Arab Spring) with protected means of communication.
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g how much would it cost for chester corporation to repurchase all its outstanding shares if new brokerage fees totaled 1% of the underlying transaction?
It would cost $78.0 million to repurchase all the corporation's shares.
A new brokerage fee of 1% is being charged.
Cost of repurchase = Number of shares*Share price/(1-1%)
Cost of repurchase = $3,352,720 * $23.02/(1-1%)
Cost of repurchase = $3,352,720 * $23.02/(1 - 0.01)
Cost of repurchase = $3,352,720 * $23.02/0.99
Cost of repurchase = $3,352,720 * $23.25
Cost of repurchase = $ 77,950,740
Cost of repurchase = $78.0 million
Finally, the repurchase cost is computed as $78 million.
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What are the core capabilities for all five mission areas?
All five mission areas rely on three Core Capabilities: planning, public information & warning, and operational coordination. Communities use the National Preparedness System, an organized procedure
All five mission areas rely on three Core Capabilities: planning, public information & warning, and operational coordination. Communities use the National Preparedness System, an organized procedure, to assess, develop, maintain, and provide the Core Capabilities. The goal of the Washington State Core Capability Development Sheets is to assist communities in using planning, training, and exercise to fill in the identified gaps in their THIRA/SPR. Communities indicate their intended strategies for filling capability gaps or meeting sustainment needs once they have recognized their capability deficiencies. This is accomplished via community preparation, setup, tools, exercise,
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lego took advantage of a poor u.s. exchange rate and took an opportunity to grow european and asian markets. to what kind of change did they respond?
Economic change is the kind of change did they respond.
What is meant by the exchange rate?The rate at which one currency will be exchanged for another is known as the exchange rate. Some exchange rates are linked or locked to the value of a particular country's currency, however most exchange rates are floating and will increase or decrease depending on market supply and demand.In other words, the exchange rate is the cost of one currency relative to another. In the foreign exchange market, one dollar can be traded for 120 yen, for instance, if the exchange rate between the U.S. dollar (USD) and the Japanese yen (JPY) is 120 yen per dollar.The rate at which one currency will be exchanged for another is known as the exchange rate in the world of finance. Most often, currencies are national ones, but they can also be supra-national ones like the euro or sub-national ones like Hong Kong.Learn more about exchange rate refer to :
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which is not a function of the fed? multiple choice conducting monetary policy serving as a lender of last resort providing financial services such as check clearing to commercial banks directly financing u.s. budget deficits
Last option is correct. Directly financing u.s. budget deficits is not a function of the fed.
To guarantee that the financial system supports a strong economy for American people, communities, and businesses, the Federal Reserve analyzes financial system risks and actively participates at home and abroad.
Among fed's functions are:
Instruments for Monetary Policy The Federal Reserve must strike a balance between the flow of money and credit and the demands of the economy in order to promote economic growth and preserve stable pricing. ...
Cheap Window Loans ...
Services for payment systems. ...
Securities storage and transfer. ...
services provided to the United States Treasury.
The Fed's primary responsibilities include overseeing and regulating banks, implementing national monetary policy, preserving financial stability, and offering banking services.
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transactions that do not increase or decrease cash, but that result in significant investing and financing activities, are reported as non cash activities either directly after the cash flow statement or in a note to the financial statements
Transactions that do not increase or decrease cash, but that result in significant investing and financing activities, are reported as non cash activities either directly after the cash flow statement or in a note to the financial statements material transaction.
The cash flow statement is a statement in which the financial statement shows how changes in a balance sheet accounts of the company and income affect the cash and cash equivalents.
The non-cash refers to an expense on an income statement which include investment gains or losses, capital depreciation which does not involve a cash payment. Example, property, plant or loan.
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keynesian economists begin with the assumption that the state should regulate economic policy for everyone's benefit. why might sociologists, who subscribe to neoliberal theories, be critical of this idea?
They believe that markets without state interference lead to the best economic outcomes.
Economics is the look at scarcity and its implications for using assets, manufacturing of products and services, the boom of manufacturing and welfare through the years, and a superb style of different complex issues of essential concern to society.
A financial system consists of consumers who buy products and services, organizations that rent clients and make items, and the government at diverse degrees both purchase products, rent exertions, and levy taxes. Their collective interactions create a simplified financial system.
example: while Corn crop manufacturing increases the farmers lower the charge of the crop so that it will promote their produce. If the supply is too high then the demand i.e. the amount of corn needed to feed the people of the country, the products needed to be wasted and farmers lose their cost of production.
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what risk factors do you need to consider when building up your risk premium or discount rate? what have you done to minimize and manage risk?
Business risk, financial risk, liquidity risk, exchange-rate risk, and country-specific risk are the risk factors do you need to consider when building up your risk premium or discount rate.
What is discount?A income cut price is a discount fee supplied through a commercial enterprise on a product or service. An income cut price, additionally normally called simply a 'cut price' gives clients of a commercial enterprise with a discount price on one or greater of the goods or offerings being supplied.Discounts, loyalty gives and bulk purchase pricing are not unusual place commercial enterprise practices that may assist you: pass stock. appeal to new or inactive clients. convince indecisive clients to purchase. Discounting is the manner of figuring out the prevailing price of a charge or a move of bills this is to be obtained with inside the future. Given the time price of money, a greenback is really well worth greater these days than it might be really well worth tomorrow. Discounting is the number one thing utilized in pricing a move of tomorrow's coins flows.To learn more about discount from the given link :
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monopolistically competitive firms are likely to have ______________ prices in the long run than will occur in a perfectly competitive industry producing similar goods.
monopolistically competitive firms are likely to have lower prices in the long run than will occur in a perfectly competitive industry producing similar goods.
Long-term economic gains or losses in monopolistic competition will be removed by entry or leave, leaving businesses with no economic gains.
There will be some excess capacity in a monopolistically competitive business; this may be seen as the price paid for the variety of products that this market structure brings about.
Businesses in monopolistic competition continue to produce at a level where marginal cost and marginal income are equal over the long term. But when more businesses enter the market, the demand curve will have moved to the left.
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a cost structure which relies more heavily on fixed costs makes the company group of answer choices more sensitive to changes in sales revenue. less sensitive to changes in sales revenue. either more or less sensitive to changes in sales revenue, depending on other factors. have a lower break-even point.
A cost structure which relies more heavily on fixed costs makes the company more sensitive to changes in sales revenue.
The types and proportional distributions of fixed and variable costs that an organization incurs are referred to as cost structure. Smaller definitions of the notion are possible, for example, for each product, service, product line, client, division, or geographical area.
If you are utilizing a cost-based pricing approach, cost structure is used as a tool to calculate prices as well as to highlight areas in which expenses may be lowered or at the very least subjected to greater control.
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