RETURN ON INVESTMENT IN THE REALM OF QUALITY DENOTES THE RATIO OF _____TO ____ RESULTING FROM THE IMPROVEMENT INITIATIVES
Costs; benefits
Efforts, results
Benefits, costs
Profits; investments
Answers
Return on investment in the realm of quality, denotes the ratio of benefits to costs resulting from improvement initiatives.
It measures the efficiency and effectiveness of these initiatives by evaluating the relationship between the gains achieved and the resources invested. The ratio of benefits to costs reflects the value generated by quality improvement efforts. Benefits encompass various aspects, such as increased customer satisfaction, improved product or service quality, enhanced operational efficiency, reduced defects or errors, and decreased rework or waste.
On the other hand, costs encompass the expenses associated with implementing quality improvement initiatives, including investments in training, process redesign, technology, quality control measures, and other related expenses. By comparing the benefits derived from these improvement initiatives to the costs incurred, organizations can assess the impact and profitability of their quality efforts. A higher ROI indicates that the benefits outweigh the costs, indicating a successful and valuable quality improvement initiative.
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Related Questions
Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answers
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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Which part, sentence, or phrase in the passage suggests that the respective entrepreneur is a transformational leader? Four best friends from high school—Erwin, Harry, Mick, and Gary—have gone on to become entrepreneurs. They have very different personalities, and thereby, leadership styles. Erwin A(seems to concern himself with the processes rather than forward-thinking ideas.) Harry is B(finicky about minute details, but always gets the job done). C(Mick seeks advice from others and has great concern for his employees). Gary D(rewards effective behavior of his employees, and corrects them when the expectations are not met.)
Answers
Answer:
Garry
Explanation:
Brainliest please! :)
Answer:
(D) "rewards effective behavior of his employees, and corrects them when the expectations are not met."
Explanation:
A business would like to increase the overall demand for its newest product.
According to the law of demand, what should the business do?
A. Decrease the product's supply
B. Increase the product's price
c. Decrease the product's price
D. Increase the product's supply
Answers
If the demand for the new product increases so here the business prefers option c. Decrease the product's price
Information regarding the law of demand:The law of demand shows an inverse relationship between the price and the quantity demanded. If the price of one product is increased so the demand should decrease. And, if the price of the one product should be decreased so the demand should increase.
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Answer:
B
Explanation:
Which one is not a question that can be used to analyze if an action is ethical?
A) Is the information presented factual and honest?
B)Who is affected by these actions?
C) Is the action illegal?
D)Will the privacy and confidentiality of the company be protected?
Answers
Explanation:
C)Is the action illegal?
skilled craftsmen organized trade unions due to the rise of the factory system. group startstrue or false
Answers
"Skilled craftsmen organized trade unions due to the rise of the factory system." This statement is True.
The rise of the factory system in the late 18th and early 19th centuries led to the formation of skilled craftsmen trade unions in Europe and North America.
The factory system replaced the traditional artisanal methods of production, which relied on skilled workers to produce goods from start to finish.
With the rise of factories, workers were typically assigned a single task and worked long hours in difficult and often dangerous conditions.
Skilled craftsmen who had previously enjoyed a measure of autonomy and control over their work found their jobs deskilled and their wages reduced. In response, they organized trade unions to protect their interests and advocate for better working conditions, wages, and benefits.
The rise of trade unions was a major development in the history of the labor movement and had a significant impact on the development of labor relations and workers' rights.
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Select the correct answer.
Which of the following is a good resource to help you find a job opening?
A.
Employment offices
B.
Online sources
C.
Family, friends, and other contacts
D.
All of the above
Answers
Answer:
D All of the above
Explanation:
is the notion that corporations are expected to go above and beyond following the law and making a profit to help society Multiple Choice O Corporate social responsibility O Societal responsibility Corporate sustainability Corporate morality Which scholar developed the global corporate social responsibility pyramid? Multiple Choice Laurence Kohlberg Paul Samuelson Mary Parker Follett Archie Carroll
Answers
Archie Carroll, a management professor, developed the global corporate social responsibility pyramid. The correct option is Archie Carroll.
The notion that corporations are expected to go above and beyond following the law and making a profit to help society is known as Corporate Social Responsibility.
So, the correct option would be Corporate social responsibility.
Corporate social responsibility (CSR) is a type of international private business self-regulation that goals to contribute to social and environmental goals of society, consumers, shareholders, stakeholders, communities, and all other members of the public who are indirectly involved in the operations of an enterprise.
Corporations are expected to go above and beyond following the law and making a profit to help society. The corporate social responsibility is voluntary and goes beyond the requirements of legal obligations.
Corporate social responsibility consists of three major domains, namely economic, environmental, and social. These are known as the triple bottom line of corporate responsibility.
Corporate Social Responsibility includes, but is not limited to:
Environmental sustainability Ethical labour practices Human rights Corporate governance Community development PhilanthropyCorporate Sustainability means balancing economic, environmental, and social elements to meet the needs of the present without compromising the ability of future generations to meet their needs, whereas corporate morality refers to the principles and values that organizations adopt in order to guide their behaviour and decision-making.
Archie Carroll, a management professor, developed the global corporate social responsibility pyramid. Hence, the correct option is Archie Carroll.
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WILL GIVE BRAINLEST ASAP!!!!!! Good afternoon can someone answer this please
Answers
amir is a team leader. his team needs to problem solve a complicated business transition. what course of action should he recommend? multiple choice the team should hold a coordination meeting before attempting to problem solve. the team should focus on agenda items one at a time. the team should schedule a full-day problem solving session. the team should meet daily without a preset agenda. team members should each create a plan independently before a meeting is scheduled.
Answers
As a team leader, Amir should recommend that his team focus on agenda items one at a time when problem-solving a complicated business transition.
What's the team focus for?This approach will help the team to stay focused and tackle the problems in a more organized manner.
Holding a coordination meeting before attempting to problem solve can also be helpful in setting expectations and clarifying roles.
However, meeting daily without a preset agenda or having team members create a plan independently before a meeting is scheduled can be time-consuming and may not lead to effective problem-solving.
A full-day problem-solving session may be necessary for more complex issues, but it can also be exhausting and unproductive if the team is not adequately prepared.
Therefore, prioritizing agenda items and working through them methodically is the best course of action for Amir's team to successfully problem solve a complicated business transition.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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"If the Generalized Lorenz curve of distribution X lies below throughout the Generalized Lorenz curve of distribution Y, then distribution X reflects unanimously higher headcount ratio than distribution Y for all poverty lines."
"true" or "false" providing detailed explanations to justify your answer.
Answers
The statement is false. The position of the Generalized Lorenz curve (GLC) relative to another GLC does not directly imply that one distribution has unanimously higher headcount ratios than the other for all poverty lines.
The Generalized Lorenz curve represents the cumulative distribution of income or wealth within a population. It provides information about income or wealth inequality. However, the headcount ratio measures the proportion of the population living below a specific poverty line.
While the GLC can give insights into overall inequality, it does not provide specific information about poverty rates or headcount ratios. The GLC primarily focuses on the distribution of income or wealth across the entire population.
To compare headcount ratios for different distributions, we need to examine poverty lines directly and analyze the income or wealth distribution at those specific levels. Merely comparing the positions of the GLCs does not provide enough information to determine which distribution has higher headcount ratios for all poverty lines.
Therefore, the statement is false. The relative position of the GLCs does not indicate that distribution X reflects unanimously higher headcount ratios than distribution Y for all poverty lines. Further analysis is needed to assess poverty rates accurately.
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describe the picture below and give it uses.
Answers
Answer:
forklift??
Explanation:
Sorry if not, but its used to carry heavy objects one place to another
Brainliest-
How any two stakeholders affect the quality of toyota's products?
Answers
Answer:
The company's brand value, human resource skills, and financial soundness are all influenced by these stakeholders. It affects toyota's quality products to be either better or worse.
while ppo subscribers may see any licensed physician or health care professional, and use any hospital or ancillary facility, in or out of the local network, a subscriber's out of pocket expense will be what when using in-network providers?
Answers
When using in-network providers, a PPO (Preferred Provider Organization) subscriber's out-of-pocket expense is typically lower compared to using out-of-network providers.
PPO networks consist of a group of healthcare providers, including physicians, hospitals, and ancillary facilities, that have contracted with the PPO to provide services at negotiated rates. These providers are considered "in-network" for PPO subscribers.
When a PPO subscriber chooses to receive care from an in-network provider, the PPO plan typically offers discounted rates or a higher level of coverage for services rendered. This means that the subscriber's out-of-pocket expenses, such as deductibles, copayments, and coinsurance, are usually lower when using in-network providers.
In contrast, if a PPO subscriber decides to use an out-of-network provider, they may incur higher out-of-pocket costs. Out-of-network providers may not have negotiated rates with the PPO, and the consumer may be responsible for a larger portion of the costs or may need to meet a separate out-of-network deductible.
It's important for PPO subscribers to review their specific plan details and coverage policies to understand the extent of their out-of-pocket expenses when using in-network providers.
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As people use more and more of a product, they encounter increasing marginal utility.
Select one:
True
False
Answers
Answer:
True
Explanation:
Utility is the satisfaction derived from consuming a product or service i.e the pleasure or happiness a consumer gets in using a product.
Marginal Utility on the other hand is the additional, extra satisfaction or benefits that an individual or consumers derives from buying an additional unit of a commodity or service. This simply states that when someone buys a particular product and consumes more of that product such person has undergo increasing marginal utility.
E.g Mr. A bought pasta yesterday and buy same today and day after , he's only buying cause of the satisfaction he derives in consuming pasta. And by so doing, he has encounter and increasing marginal utility.
The policy is really tight on cash and wants to trim down their insurance premiums so they can devote more of their budget to paying off a large credit card debt.which coverage makes the most sense to eliminate
Answers
The coverage that makes the most sense to eliminate is d. They cannot eliminate any of this coverage -- it is all required by Federal law
What is the policy?The purpose of accident coverage is to support financial help for the repair or replacement of a vehicle that has maintained damage in an accident, however the party responsible for the accident.
Therefore, If the vehicle's profit is low, it might be ridiculous to invest in accident coverage, especially if the inferable is high, eventually resulting in the policyholder bearing a solid part of the repair expenses from their own pocket.
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See full text below
8.The policyholder is really tight on cash and wants to trim down their insurancepremiums so they can devote more of their budget to paying off a large credit carddebt. Which coverage makes the most sense to eliminate?a.Liability coverage, because it is the most expensive part of their billb.Collision coverage, because their car is quite old and the deductible is relativelyhighc.Uninsured motor vehicle coverage, because they already have car insurance, sothey won’t ever be uninsuredd.They cannot eliminate any of this coverage -- it is all required by Federal law
Select the correct answer.
At which stage of problem solving should you discuss the problem with colleagues?
B. evaluating the information
C. gathering information
D. making a choice
E. taking action
Plato/Edmentum
Answers
Answer:
E or D
Explanation:
D because it doesn't hurt to get a second opinion and see what your colleagues think
E Because your actions or decisions when it comes to a business can affect your colleagues.
1. What are some key success factors for hosts and organizers to...
1. What are some key success factors for hosts and organizers to differentiate themselves during the planning and promoting stage of the event management?
2. List 5 common categories of expenses that typically add to event budgets
3. What kind of personnel should event planners recruit for a major event? What are some qualities they should look for in a candidate?
4. Name two Michelin-starred restaurants in US
Answers
In the planning and promotion phase of event management, clear objectives, strategic marketing, and strong networking are crucial success factors for hosts and organizers.
Venue and Facilities, Marketing and Promotion, Staffing and Personnel, and Transportation are the top five categories of expenses seen in event budgets.
A skilled professional with the ability to handle all facets of event planning and execution, including finances, logistics, vendor management, and stakeholder coordination.
Candidates for event planning positions should have excellent communication and interpersonal skills as well as attention to detail.
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If government regulation sets the maximum price for a natural monopoly equal to its marginal cost, then the natural monopolist will a. produce a lower quantity of output than is socially optimal. b. earn economic profits. c. earn zero economic profits. d. earn economic losses.
Answers
If government regulation sets the maximum price for a natural monopoly equal to its marginal cost, then the natural monopolist will earn economic losses. This is further explained below.
What is government regulation?Generally, government regulation is simply defined as regulations established by the government that serve to outline the parameters within which certain actions are considered lawful.
In conclusion, Most rules are written in plain English.
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Which demographic characteristics are related to both the likelihood of interest group participation and the types of participation engaged in?
Answers
Some demographic characteristics that are related to interest group participation and the types of participation engaged in include age, education level, income, and political ideology.
Research has shown that older individuals with higher levels of education and income are more likely to participate in interest groups, particularly those that are focused on economic and professional issues.
Additionally, individuals with more extreme political ideologies, whether left or right-leaning, are more likely to participate in interest groups that align with their beliefs.
These demographic characteristics may also influence the types of participation individuals engage in, such as donating money, attending rallies, or contacting elected officials.
For example, older individuals with higher incomes may be more likely to donate money to interest groups, while younger individuals with lower incomes may be more likely to attend rallies and protests.
Overall, demographic characteristics can provide important insights into the patterns of interest group participation and the types of activities individuals engage in.
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Which of the following is a benefit
of taking out a short-term debt?
A. Less flexibility.
B. Less time to pay the debt off.
C. Lower interest rates.
Answers
Lower interest rates are a benefit of taking out short-term debt.
A hobby price is the amount of hobby due consistent with duration, as a percentage of the amount lent, deposited, or borrowed (called the major sum). The total interest on an amount lent or borrowed depends at the most important sum, the interest charge, the compounding frequency, and the length of time over which it is lent, deposited or borrowed. The annual interest charge is the rate over a length of twelve months. Other hobby charges are practice over exclusive periods, which include a month or an afternoon, but they're generally annualized. The interest fee has been characterized as "an index of the desire . . . For a greenback of present [income] over a greenback of destiny profits."[1] The borrower wishes, or desires, to have cash quicker as opposed to later, and is willing to pay a fee—the interest charge—for that privilege.
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Whose permission do you need to write or arrange pieces that are Traditional or in the Public Domain? I said copyright owner but my teacher says I’m wrong
Answers
Answer:
Explanation:
She's right, but you have a nice thought. It is always a good idea to try to give credit where credit is due.
Public Domain refers to written material that no one has a lien on. No one owns the copywrite. No one holds any claim on the material at all. So there is no need to try and get permission because no one is listed to get the permission from.
If you have a cell phone that does just about everything but make coffee in the morning, you can download an app called free books. Some are very good. They are all in public domain.
what happens if 2022 altima’s rear door alert is activated and the driver does not disable the alert after arriving at their destination?
Answers
Based on automobile analysis, when 2022 altima’s rear door alert is activated and the driver does not disable the alert after arriving at their destination, "the horn will sound unless a rear door is opened or closed within a short interval."
The 2022 Altima vehicle is one of the latest exact vehicles made by the Nissan Manufacturer.
The vehicle is made and designed to give users a pleasant experience when driving.
It is also equipped with modern features and the latest specifications to make the driving seamless and more accessible.
Hence, in this case, it is concluded that the correct answer is "the horn will sound unless a rear door is opened or closed within a short interval."
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Have you ever bought something you thought would make you happy, but in the end it didn't?
Answers
Answer:
ummmmmmmmmm yea, but it's all cool now hbu
give the two main Problem statements often have three elements:
Answers
Answer:
what subject is this for
Explanation:
if johnson bank has actual reserves of $200,000 and $200,000 in demand deposits with a reserve ratio is 10%, what is the amount of excess reserves
Answers
If Johnson bank has actual reserves of $200,000 and $200,000 in demand deposits with a reserve ratio is 10%, the amount of excess reserves is 180,000$.
What exactly do reserves mean?A reserve is a portion of the company's retained earnings that is set aside to help the business meet its obligations under the law, expand, pay off debt, make investments, and other goals. Usually, this is done to prevent the money from being used for other things.
Give an example of reserve.The money in special reserves is money that business owners set aside to cover particular debts. The most typical examples of specialized reserves include the reserve for capital redemption, reserve for debt redemption, reserve for asset replacement, and reserve for dividend equalization.
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what is unique about staffing practices at the online shoe company zappos?
Answers
Zappos' unique staffing practices prioritize cultural fit over qualifications, emphasizing alignment with core values and offering a comprehensive training program called "The Offer."
Determine the Zappos?Zappos is known for its distinctive approach to staffing, which focuses on cultural fit rather than solely on qualifications and experience. The company believes that hiring individuals who align with its core values and culture leads to a more engaged and productive workforce.
To ensure cultural compatibility, Zappos implements a rigorous hiring process that includes multiple interviews and a unique training program called "The Offer." During "The Offer," new hires are immersed in the company's culture for several weeks, with the option to leave the company at any time, receiving a bonus if they choose to do so.
This process aims to identify individuals who genuinely embrace the company's values and are committed to long-term engagement. By prioritizing cultural fit, Zappos fosters a work environment where employees are more likely to thrive and contribute to the company's success.
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Which kind of account is most likely to require a minimum balance?
Answers
Answer: Savings Accounts
Explanation:
But as the name suggests, these accounts are meant for saving money. So there is a restriction on the number of certain types of withdrawals or transfers you can make in a month and usually a daily minimum balance requirement.
boi, why am i alive.-
Answers
Answer: so you can grow older
Explanation:
four reasons why Corona virus could be harmful to economic growth??
Answers
Answer:
Employees have to be let go because social distancing is a thing
Businesses are not getting enough customers because of quarantine, which leads to them shutting down
Factories that supply stores are shut down to prevent spread in factory lines
For those with computer jobs, working from home does not give an employee as much freedom with printing or scanning as it does at work, which slows down the completion of assignments and lowering the business`s dependability