Conformance quality.
How Should We Define Conformance Quality?Based on what they believe to be their consumers' demands, manufacturers of goods and services establish certain benchmarks for their products. Once the succeeding goods and services are produced, they will be compared to these benchmarks as expectations. It is referred to as having great conformance quality when a product closely matches the desired standards.
The product is said to have low compliance quality, on the other hand, if it significantly deviates from the planned design. Tolerances are included in by manufacturers since it is challenging to match desired values precisely. These tolerances describe the amount of deviation from the target that a good or service can have while still being deemed to have an acceptable level of conformity.
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What type of forecast should be used for strategy, sourcing and location decisions?
Strategic type of forecast should be used for strategy, sourcing and location decisions.
What exactly does the term "strategy" mean?A strategy is a plan of action for achieving targeted short-, medium-, and long-term goals. Business strategy typically fall into one of three categories. The business strategy outlines the company's long-term objectives. The business plan, the second kind of strategy, provides the strategic objectives for a company unit. The strategic objectives of the functional strategy are to further the development of the functional area and to meet the business objectives.
Setting goals helps firms decide on a company's future course. A solid strategy is always the result of a careful examination of the company's position in the market. This is where a company's advantages and dangers, as well as its strengths and weaknesses, are incorporated (SWOT analysis).
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A project under strict terms and conditions to produce project deliverables on time or suffer late penalties is an example of a:_____.
a. commercial risk.
b. technical risk.
c. legal risk.
d. execution risk.
A project with rigorous deadlines and penalties for late submission of deliverables is an example of a D. execution risk.
What is a project?A project is a group of tasks that must be completed in order to accomplish a specific objective. An alternate way to define a project is as a group of inputs and outputs required to achieve a particular goal. Projects might be basic or complex, overseen by one person or one hundred.
Unlike traditional risk analysis, execution risk analysis concentrates on the project or portfolio's execution stage. Instead of comparing the return on investment to project risks, you are now examining the hiccups, or banana peels, that might occur once the project is live.
The area present risk in the execution of a strategy is the failure to properly translate the strategy's high-level goals into the precise steps that the organization needs.
Last but not least, a project with rigorous deadlines and penalties for late delivery of deliverables is an illustration of an execution risk.
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Which are considered disadvantages of incorporating?
a. initial cost
b. double taxation
c. extensive paperwork
d. limited liability
Double taxation can be described as one of the disadvantages of incorporating.
What is meant by incorporating?The term incorporation has to do with the registration of a given business in a state in such a way that it becomes a separate legal entity. What this means is that separate legal structures would be created like the limited liability and the corporation.
This is the type of business entity that the government usually taxes twice. Hence we would say double taxation can be described as one of the disadvantages of incorporating.
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Name three characteristics of liquid assets. what are the disadvantages of having too much or too little money held as liquid assets?
The three characteristics of liquid assets are:-
With little to no loss in value, liquid assets may be quickly changed into cash.These assets are easily transferred to other parties and third parties without any restrictions or limits. Liquid assets have a continuous value that is not dependent on a specific area or market and is available on both domestic and international markets.The two disadvantages of having too much money held as liquid assets is:-
Money is deemed to be idle money since we cannot receive a return or interest on it.When inflation grows, idle money loses its buying power and loses value over time. For example, if raw material costs rise sharply, more money will be needed to make a purchase, lowering the amount of money that may be spent.To know more about liquid asset visit:
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Suppose the equilibrium rent in boston is $1,500. A rent ceiling of $1,600 per month leads to.
Suppose the equilibrium rent in Boston is $1,500. Ceiling rent $1,600 per month doesn't make a difference in the Boston apartment market.
The buying and selling transaction itself usually involve a bargaining process between the seller and the buyer. Both will seek a price that they mutually agreed upon and then the sale and purchase transaction will be carried out.
Basically, the equilibrium price is a price meeting point that is agreed by both parties for a sale and purchase transaction to occur. The interaction between sellers and buyers that causes buying and selling transactions is referred to as the market, so the equilibrium price is also commonly referred to as the market price.
The equilibrium price is formed because of a meeting between supply and demand. At the equilibrium price, the quantity demanded is equal to the quantity supplied. The equilibrium price can be obtained in 3 ways, namely a mathematical approach using a formula, a curve approach, and a table approach.
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________ compels state governments to obey costly federal regulations but does not reimburse those costs.
Subsidies compels state governments to obey costly federal regulations but does not reimburse those costs.
Subsidies are like the financial support provided by the government that is the funding to various institutions and people from the public welfare organisations to help provide the goods and services at a premier rate to everyone.
The federal regulations and cost incurred are less because of the availability to everyone and the sole purpose is to provide it to everyone .Overall subsidies are the development for an economy.
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The income effect, the substitution effect, and diminishing marginal utility together explain:______.
The income effect, the substitution effect, and diminishing marginal utility together explain the Downsloping Demand Curve.
The Downsloping Demand Curve is explained by each of them. Because marginal utility decreases as more of a thing are consumed, a consumer's demand curve for that product slopes downward.
Income Effect: The change in demand for a good or service brought on by a shift in a consumer's purchasing power as a result of a change in real income is known as the income effect.
Substitution Effect: The substitution impact is the decline in sales of a product brought on by customers switching to less expensive substitutes when the price of the product increases.
Diminishing Marginal Utility: The phenomenon known as diminishing marginal utility describes how each extra unit of gain results in an ever-smaller rise in subjective value.
The income effect, the substitution effect, and diminishing marginal utility together explain the Downsloping Demand Curve.
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Which stage of the retail life cycle is characterized by the entrance of many new competitors and tremendous growth in sales and profits? vulnerability maturity growth entry introduction
Growth is the stage of the retail life cycle is characterized by the entrance of many new competitors and tremendous growth in sales and profit. Hence, option C is correct.
What is Growth in product life cycle?During the growth stage, customers have accepted the product on the market and are beginning to actually buy in. That suggests that demand and profits are both increasing, ideally steadily and fast.
During the expansion stage, the product's market is growing and competition is starting to take hold. In this time period there is the highest sales of the profit.
Thus, option C is correct.
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Consider a world of just two individuals, gonzalo and leila, who each need two goods to survive, apples and wheat. they differ in how productive they are in growing apples and wheat:_________-
Leila has a comparative advantage in producing wheat if a world of just two individuals, Gonzalo and Leila, who each need two goods to survive, apples and wheat.
How wheat is produced?Depending on the weather in a place, wheat is sown at various times. While some grow them in the winter, others do so in the fall. The seeds are planted using a device known as a grain drill once the soil is prepared. Wheat develops in phases. The wheat can initially resemble grass since it is green. Then, as it dries, it gets taller and turns a golden brown color.
Gathering and Keeping:
When wheat will be harvested will depend on the type of wheat grown and when it is sown. Others are harvested in the fall, while some are gathered in the summer.
When the wheat plant reaches its mature stage, meaning it is sufficiently dry and has finished.
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The category of human resource management responsibilities aimed at preserving and enhancing employee job competence is?
The answer is development.
The category of human resource management responsibilities which is aimed at preserving and enhancing employee job competence is development.
What is human resource management?The practice of recruiting, hiring, assigning, and managing personnel is known as human resource management (HRM). Frequently, HRM is referred to as just "human resources" (HR). Talent management, pay and benefits for employees, training and development, compliance, and workplace safety are the five key responsibilities of human resources. The Human Resource Manager will oversee the regular duties of the Human Resources (HR) division, including hiring and conducting interviews, paying employees, handling leave requests, and enforcing business regulations and procedures.
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Some retailers, such as the dollar store, dollar tree, and family dollar, profitably focus on buyers with modest means. this is an example of:________
Some businesses, such the dollar store, dollar tree, and family dollar, successfully target customers with limited resources. An illustration of market targeting is this.
What Is Targeting in Marketing?In marketing, targeting is segmenting your target market and creating marketing campaigns that will reach the groups that are most likely to respond to your efforts. With focused marketing, your chances of reaching potential customers can be greatly increased.. Marketers evaluate which section best fits their offerings, values, and products after creating various segments. Marketing professionals will find it much simpler to reach potential customers and persuade them to buy the good or service if they can select the appropriate audience segments to target.
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When radian6 listens to consumer conversations about which brands they like the best or the ones with which they have emotional connections, this demonstrates ________________ referral.
Affect referral can be seen when radiant listens to consumer conversations about which brands they like the best or the ones with which they have emotional connections .
What does Affect Referral mean ?
Through affect reference, consumers frequently select products purely based on their memories of their previous feelings towards such companies, skipping the requirement to analyze and evaluate their choices. Affect referral is usually thought of as a choice strategy that minimizes effort, which makes it only occasionally occur when recalled affect solely guides behavior. This argument, on the other hand, focuses on the idea that affect referral is the pattern instead of the exception. Relating to an affect indicates the logical human system that regulates how internal information is utilized in decision-making situations involving brands that are stored in memory.
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Transfer pricing refers to the policies a company establishes for pricing the products it sells to its external customers. this statement is?
Transfer pricing refers to the policies a company establishes for pricing the products it sells to its external customers. this statement is false.
The conditions surrounding transactions inside a multinational corporation are referred to as transfer pricing. It deals with the costs related with the transfers of products and services between affiliated businesses that are located in several nations.
The prices of products and services that are traded between businesses with shared control are referred to as transfer prices. For instance, the amount paid is known as the transfer price if a subsidiary firm sells goods or provides services to its parent company or a sister company.
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In the context of a database marketing campaign, _______ tells a business how much it should spend to maintain a relationship.
In the context of a database marketing campaign, relationship. tells a business how much it should spend to maintain a enterprise resource.
What is enterprise ?Business is the practice of earning a living or a profit by creating, acquiring, and reselling items (such as goods and services). "Any activity or enterprise undertaken into for profit" is also included.
The owner of the business is responsible and liable for any obligations that the company incurs since the existence of a business name does not make the owner of the business separate from the business entity. The owner's personal belongings may be taken by the creditors if the company accrues debt. Rates of corporation tax are not permitted in a firm structure. All business profits are subject to individual taxation for the proprietor.
When referring to a business, such as a corporation or nonprofit organization, the phrase is also frequently used colloquially (though not by lawyers or government officials).
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Bonds are usually called when interest rates _______ so the issuer can gain by reissuing new bonds with a _______ interest rate.
Bonds are usually called when interest rates fall so the issuer can gain by reissuing new bonds with a lower interest rate.
Bonds are debt instruments and represent loans made to the issuer. They are commonly issued by governments or corporations to borrow money.
We can look at bonds from the seller's perspective as, selling bonds being a way of borrowing money. Then from the buyer's perspective we look at buying bonds as a form of investment because it entitles the purchaser to guaranteed repayment of principal as well as a stream of interest payments.
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A characteristic of demand for a good, service, or resource other than its own market price is:_____.
A characteristic of demand for a good, service, or resource other than its own market price is a non-price determinant.
What are non-price determinants?
Non-price determinants are factors that affect the demand for a good other than the price of the good. Change in the non-price determinant lead to a change in demand. Changes in non-price determinants lead to a shift of the demand curve.
Non-price determinants include:
Income of the consumer Weather Change in the price of other goods Change in consumer taste.To learn more about non-price determinants, please check: https://brainly.com/question/17139199
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The rapidly evolving business environment requires the management of in the organization to respond to it. True or false?.
It is true that management in the organization needs to respond to the rapidly evolving business environment.
With the rapid advancement in technology and business working procedures, management in the organization needs to respond to the rapidly evolving business environment and changes. If the management doesn't inculcate strategic management in their organization that responds to changes in the business environment, then the organization may face severe issues in production, performance, and achieving the overall goals. The purpose of the inclusion of strategic management is to respond to evolving such changes.
Higher management needs to implement strategic management in their organization to boost their productivity, and efficiency and obtain the overall goals while responding to the rapidly evolving business environment. For example, currently, all organizations are shifting toward digital inclusion. These organizations use social media as a tool to reach their targeted customers. If any organization is not using social media, then obviously they are losing customers and could not reach their targeted customers.
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Answer:change
Explanation:
Misrepresenting pertinent policy provisions relating to coverage after a loss is an?
Misrepresenting pertinent policy provisions relating to coverage after a loss is an unfair claim settlement practice.
Pertinent policies are those facts which tend to prove the allegations of the party offering them and those which have no such tendency are called impertinent.
When something is pertinent, it means it is significant. It will have an impact on the decision or the outcome.
Therefore, if the pertinent policy is misrepresented, it becomes an unfair claim settlement practice.
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Why does a diverse and inclusive workforce benefit a firm supporting a global market?
A diverse and inclusive workforce benefit a firm supporting a global market. A variety of language skills serves the global customer base well
You may acquire in-depth local market knowledge, cultural insights, local networks, and alternate solutions to bottlenecks by assembling a diversified workforce. Having the right team means that you grasp the demands, channels, and preferences in the local context, which is necessary to sell successfully in global markets.
We now live in a new, interconnected world where everyone competes with everyone else for everything. This is particularly true for SaaS businesses and internet-based services, where there are few entry requirements if you have a laptop, an internet connection, and coding skills. Tech companies that want to grow swiftly need methods and approaches for entering and serving new markets quickly while avoiding the numerous difficulties associated with establishing a global market.
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The pure expectations theory assumes that investors do not consider long-term bonds to be riskier than short-term bonds. True or false?.
It is accurate to say that the pure expectations theory makes the assumption that investors do not think long-term bonds are more risky than short-term bonds.
Based on the current long-term interest rates, expectations theory aims to forecast what short-term interest rates will be in the future. According to the hypothesis, an investor would make the same amount of interest by purchasing two consecutive one-year bonds as opposed to one two-year bond today. The "unbiased expectations theory" is another name for the hypothesis. With the use of a projection of future interest rates, the expectations theory tries to assist investors in making decisions. The theory predicts the rate for short-term bonds using long-term rates, often from government bonds.
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Fairlane company. has an roa of 8 percent and a payout ratio of 31 percent. what is its internal growth rate?
In a condition where Fairline Company has an ROA of 8percent and a payout ratio of 31, its internal growth rate will be computed to approximately percent.
What is the significance of the internal growth rate?The internal growth rate of a firm can be referred to or considered as the value determined in relation to the Return on Assets and the Dividend Payout Ratio.
Using the information given above as well as the formula, the internal growth rate, or simply IGR, can be computed as,
IGR = ROA x B / 1 – ROA x B
IGR = 0.08×0.31/ 1−0.08*0.31
IGR = 0.0248/0.9752
IGR=0.0254
Therefore, the Internal growth rate would be 0.0254.
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The cpi was 220 in 2012 and 231 in 2013. phil borrowed money in 2012 and repaid the loan in 2013. if the nominal interest rate on the loan was 10 percent, then the real interest rate was?
The real interest rate = 5%
Inflation rate = (CPI 2013 - CPI 2012) / CPI 2012
= (231 - 220) / 220
= 11 / 220
= 0.05 or 5%
Real interest rate = nominal interest rate - inflation rate
= 10% - 5%= 5%
Hence, the real interest rate is 5%
What is a loan?A loan is a financial instrument that allows you to borrow money from a lender in order to finance a purchase or investment. The amount of the loan can be based on specific terms and conditions, and usually requires either an down payment or collateral.
Once you have submitted the application, your lender will contact you for additional information, including your credit history and other relevant details. After reviewing this information, the banker may authorize or decline your loan request according to their discretion. If approved, you will then need to provide documentation such as an applicant profile form (IFS), proof of income/employer verification letter(s), bank statement showing funds available in account etc., before closing the transaction.
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Tax rates for propietorships, partnerships, and llcs __________ with the passage of the tax cuts and jobs act of 2017.
Tax rates for proprietorships, partnerships, and LLCs changed with the passage of the tax cuts and the jobs act of 2017.
What are the tax cut and job act 2017?Deductions, depreciation, expensing, tax credits, and other business-related tax items have been altered as a result of the Tax Cuts and Jobs Act ("TCJA"). Business owners can use this side-by-side comparison to comprehend the changes and make appropriate plans.
Some TCJA provisions that apply to individual taxpayers may also have an impact on corporate taxes. Reviewing the revisions to the individual tax code will help businesses and self-employed people understand how these provisions may affect their own business position.
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Carlos can produce the following combinations of x and y: 10x and 10y, 5x and 15y, and 0x and 20y. the opportunity cost of one unit of x for carlos is:_________
Carlos can produce the following combinations of x and y: 10x and 10y, 5x and 15y, and 0x and 20y. the opportunity cost of one unit of x for carlos is 1 Y/X
Since,
Opportunity cost ( OC) = What we give up/ What we gain
Therefore,OC x = Give up ( y)
= 15-10
= 5y
Therefore, =5/5
= 1y/x
What is opportunity cost?
Opportunity cost is the profit that is forfeited when one option is chosen over another. The idea serves merely as a reminder to weigh all viable options before making a choice. For instance, let's say you have $1,000,000 and decide to put it into a product line that will yield a 5% return. Opportunity cost might not always include financial resources. Opportunity cost is a concept that is sometimes difficult to properly quantify at the moment of decision-making. Instead, the decision-maker may only make approximations of the results of different alternatives, which means that incomplete information may result in an opportunity cost that won't be apparent until after the fact.To know more about Opportunity cost visit:
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Deciding how to make the best use of limited resources to satisfy virtually unlimited wants is known in economics as.
Deciding how to make the best use of limited resources to satisfy virtually unlimited wants is known in economics as economizing behavior.
What is Economics?Economics is a social science that examines the decisions that people, businesses, governments, and nations make regarding the distribution and consumption of products and services.
Economics is the study of how individuals divide up finite resources between individual and group uses for production, distribution, and consumption. Economics has two subfields: macroeconomics and microeconomics.
Efficiency in exchange and production is the main focus of economics. Both the Consumer Price Index (CPI) and the Gross Domestic Product (GDP) are frequently used economic statistics. To spot prospective trends or predict the future of the economy, economists use economic indicators like the GDP and the consumer price index.
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With trade, everyone gets more of the things they want than they would if they were self-sufficient. in this way, trade can be driven entirely by?
With trade, everyone gets better at the things they want than they would if they were self-sufficient. in this way, business can be driven entirely by Wants.
How does comparative advantage influence trade?The idea of comparative advantage introduces opportunity cost as a characteristic for analysis in choosing between different options for production. Comparative advantage implies that countries will engage in trade with one another, shipping the goods that they have a relative benefit in.
By trading with others, people can buy a tremendous variety of goods and services at a more subordinate cost.
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A document prepared in the sales department of most firms for recording the description, quantity and related information for goods purchased by their customers is called a?
Sales order is the document prepared in the sales department of most firms for recording the description, quantity and related information for goods purchased by their customers .
What is Sales Order ?
A sales order is a legal document that authorizes the sale of the goods or services involved in a specific transaction. This is produced by the seller and presented to the consumer. The sale's specifics are listed in the document, including the quantity, quality, and cost of any products or services exchanged.
It must also include any additional details relevant to the conditions and logistics of the sale itself, including delivery date, delivery address, payment method, and so on. An internal document created and maintained by the vendor is a sales order. This enables business owners to monitor the orders they fulfill.
Manufacturers, merchants, distributors, and suppliers are the ones who use sales orders the most frequently.
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When studying changes in the economy over time, economists want a measure of the total quantity of goods and services the economy is producing that is not affected by changes in the prices of those goods and services. In other words, economists want to study.
Economists want a measure of the total amount of goods and services the economy is generating that is unaffected by changes in the prices of those goods and services when researching economic developments through time. In other words, economists are interested in researching Real Gross Domestic Product(GDP).
Real gross domestic product (real GDP), often referred to as constant-price GDP, inflation-corrected GDP, or constant dollar GDP, is a term for a measure of an economy's output adjusted for inflation (expressed in base-year prices). Real GDP measures the value of the goods and services produced by an economy over a specific time period while taking inflation into account.
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An individual breaks a large cash deposit into several smaller deposits with the intention of evading the filing of a currency transaction report. this is called:________
An individual breaks a large cash deposit into several smaller deposits with the intention of evading the filing of a currency transaction report. this is called structuring.
Any effort to avoid the legal reporting requirements for cash/currency transactions made with a financial institution is referred to as structuring, which is a sort of placement activity.
Two excellent gamers in the game Warcraft II gave it the name "smurfing." When they made new accounts to fight this, they chose the usernames "PapaSmurf" and "Smurfette," and the word has remained ever since. Players would simply avoid playing them if they saw their usernames.
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Assets and costs are proportional to sales. debt and equity are not. the company maintains a constant 45 percent dividend payout ratio. what is the sustainable growth rate?
The SGR aims to increase sales and revenue while reducing financial leverage. A corporation can avoid financial trouble and excessive leverage by achieving the SGR.
What Is the Sustainable Growth Rate (SGR)?
The highest rate of growth that a business or social enterprise may sustain without using more equity or debt to fund expansion is known as the sustainable growth rate (SGR). In other words, it is the rate at which the business may expand without borrowing money from other sources by using only its own internal earnings.
Get or compute the company's return on equity (ROE) first. By comparing net income to shareholders' equity, ROE assesses a company's profitability. The dividend payment ratio for the corporation is then subtracted from 1. The percentage of earnings per share distributed to shareholders as dividends is known as the dividend payout ratio. The discrepancy should then be multiplied by the company's ROE.
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