what component of the organization's quality management (qm) activities is often documented in the qm plan?
Answers
In quality management (QM), the component of an organization's QM activities that is often documented in the QM plan is the "Quality Objectives and Goals."
The QM plan is a document that outlines the organization's approach to managing quality and achieving its quality objectives. It serves as a roadmap for implementing quality management practices and provides guidance to all stakeholders involved in quality-related activities.
Within the QM plan, the quality objectives and goals are typically documented. These objectives and goals reflect the organization's desired outcomes and the specific targets it aims to achieve in terms of quality. They are designed to align with the organization's overall mission, vision, and strategic objectives.
The quality objectives and goals outlined in the QM plan provide a clear direction for the organization's quality management efforts. They help establish measurable targets and provide a framework for evaluating performance, identifying areas for improvement, and ensuring that quality-related activities are focused on meeting specific standards and customer requirements.
By documenting the quality objectives and goals in the QM plan, the organization communicates its commitment to quality and provides a reference point for monitoring and assessing progress towards achieving those objectives. This documentation ensures that all stakeholders are aware of the organization's quality targets and can work collectively towards their realization.
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Related Questions
T/F Cooptation occurs when leaders from important sectors in the environment are made part of an organization.
Answers
True. Cooptation occurs when leaders from important sectors in the environment are made part of an organization.
Cooptation is a strategy used by organizations to gain support and influence from key stakeholders in their external environment. It involves the inclusion or integration of leaders or representatives from influential sectors, such as government officials, industry experts, or community leaders, into the decision-making processes of the organization. By involving these external stakeholders, organizations aim to gain their support, cooperation, and access to valuable resources, knowledge, and networks.
Cooptation helps organizations establish mutually beneficial relationships with external stakeholders, enabling them to align their interests and goals, reduce conflicts, and enhance their legitimacy and credibility. It also allows organizations to tap into the expertise and influence of these external leaders, gaining valuable insights and connections that can contribute to their success. Overall, cooptation helps organizations navigate their external environment more effectively and secure vital support from key stakeholders.
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A random variable follows a binomial distribution with a probability of success equal to 0.59. Find:
For a sample size of n=6, find: The probability of exactly 4 success
The expected value(mean)
The expected variance
Answers
If a random variable follows a binomial distribution with a probability of success equal to 0.59 then the expected variance is approximately equal to 1.468.
Given that a random variable follows a binomial distribution with a probability of success equal to 0.59.
We need to find the following values:
For a sample size of n = 6, find: The probability of exactly 4 successes The expected value(mean)The expected variance
The probability of exactly 4 successes
The probability of exactly 4 successes can be calculated by using the following formula:
P(X = k) = nCk * p^k * (1 - p)^(n - k)
Where, P = Probability of success
n = sample size
nCk = combination of k successes in n trials
Therefore, the probability of exactly 4 successes can be calculated as
P(X = 4) = 6C4 * 0.59^4 * (1 - 0.59)^(6 - 4) = 0.2676
The probability of exactly 4 successes is 0.2676.
The expected value (mean) The expected value (mean) of a binomial distribution is given by the formula: μ = np
where, μ = mean of the binomial distribution n = sample size p = probability of success
Therefore, the expected value is: μ = 6 * 0.59 = 3.54 The expected value (mean) is 3.54.
The expected variance of a binomial distribution is given by the formula: σ^2 = np(1 - p) where σ^2 = variance of the binomial distribution = sample size p = probability of success
Therefore, the expected variance is:σ^2 = 6 * 0.59 * (1 - 0.59)≈ 1.468
The expected variance is approximately equal to 1.468.
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Type your response in the box. As you read this paragraph, think about the various traits of money. On her way to work, Cara stops by her local coffee shop for tea and oatmeal to go. She pays cash and receives change. She then remembers that she needs to get gas. She fills up her car’s tank, and charges it to her credit card. When her shift is over, she goes to the ATM to deposit her paycheck in her savings account. She stops home to change clothes before she goes to the gym. Not wanting to take her purse to the gym, she folds up a $5 bill and puts it in her pocket with her driver’s license. When she pays for water and a banana at the gym, the clerk laughs at how old Cara’s $5 bill is. Cara replies that it’s good that all money looks the same over the past few years. List five ways this scenario references money????? can someone help me please please.
Answers
Answer:
Here are some possible answers:
She buys items with cash.
She gets change.
She uses a credit card.
She deposits a paycheck in the bank.
She folds up cash.
She hears that her cash looks old.
She says that it looks the same as newer bills.
Explanation:
PLATO
Answer:
She buys stuff with cash, she gets change, she uses a credit card, she deposits a paycheck in the bank, and she folds up cash
Explanation:
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The type of software that has qualities of both hardware and software is.
Answers
Answer:
Firmware shares qualities of both hardware and software in that it is software that hasbeen permanently embedded in hardware and typically cannot be copied or changed or evenreplaced.
if you engage to buy and sell business write down the steps to gain succes in selling to your client
Answers
There are 7 steps i.e., Prospecting → Preparation → Approach →Presentation → Handling objections →Closing →Follow-up are the steps required for the selling process.
What stage of the selling process is the most crucial?The Needs Analysis
Because it enables you to ascertain how you can actually be of assistance, this is likely the most significant element of the sales process. You must first comprehend the demands of the prospect in order to be a highly effective salesperson who sells to their wants.
What makes a selling business successful?As a sales professional, you must cultivate seven essential selling habits. Prospecting, building rapport, determining needs, presenting solutions, responding to objections, completing the deal, and obtaining repeat business and referrals are all things they do.
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Which type of traditional media can potentially reach a larger audience than print media, but is more expensive than newspapers and magazines and can be complicated to produce?
Answers
Answer:
Ad industry
Explanation:
The Ad industry in one such type of a traditional media who have a large audience than the other traditional media like the print media. But unfortunately, the ad media is much more expensive or costly when compared to print media such as magazines and newspapers and it is also complicated to produce.
At the beginning of the year, Oak Corp. (an S corporation) had $50,000 in its AAA, $30,000 of earnings and profits from prior C corporation years. During the year, Oak earned $25,000 of ordinary income and paid $100,000 in distributions to its shareholders. Assume that Ethan owns 25% of Oak Corp. his basis in Oak Corp. stock at the beginning of the year is $5,000, and his share of the distribution was $25,000. How much income does Ethan recognize this year from these transactions?
Answers
Answer:
$20,000
Explanation:
Calculation to determine How much income does Ethan recognize this year from these transactions
First step is to calculate the share of ordinary income Amount
Share of ordinary income amount=$25,000 × 25%
Share of ordinary income amount=$6,250
Second step is to calculate AAA distribution
AAA distribution=[$50,000 + $25,000] × 25%]-[$30,000-($50,000 + $25,000 × 25%)]-
AAA distribution =$18,750-$11,250
AAA distribution=$7,500
Third step is to calculate the distribution treated as dividend
Distribution treated as dividend= $25,000 × 25%
Distribution treated as dividend= $6,250
Now let calculate the income recognized
Income recognized=$6,250+$7,500+$6,250
Income recognized=$20,000
Therefore How much income does Ethan recognize this year from these transactions is $20,000
Describe how the Management, Entrepreneurship, & Technology Program in Engineering and Business at UC Berkeley will help you to achieve your goals. Share with us the world you come from (for example, your family, school, community, city, or town). What unique experiences from your world motivated you to apply to our program?
Answers
M.E.T. is a program designed for students who desire to work at the crossroads of engineering and business. It is a chance to get two Bachelors of Science degrees.
What is M.E.T.?M.E.T. is for those who want to tackle huge issues and have a solid foundation in math, physics, and the liberal arts. M.E.T. tests your intellectual curiosity as well as your can-do attitude. It is probably previously participated in honors college and advanced placement courses.
It makes the student understand what it takes to fight hard and succeed. M.E.T. takes it a step further by allowing you to put your skills to the test in real-world scenarios.
M.E.T. is a collection of incredibly hardworking and ambitious individuals that have joined forces with an outstanding business network. An individual wants to make something or join a business, and one of the things that drew me to the program was the opportunity to meet and learn from all of these outstanding entrepreneurs who have done precisely what an individual wants to accomplish.
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Mark is creating a disaster recovery plan based on directives from his company's executive management team. His company's business is an e-commerce website that sells children's apparel with 85 percent of its revenue received during the holiday season. If there was a severe disruption in operations, the loss of business could put the company's ability to continue as a financially viable operation in peril. Mark is creating a plan that will restore operations in the shortest amount of time possible if there was an outage. What DR model is he implementing
Answers
Answer: Hot site
Explanation:
The DR model that Mark is implementing is the hit site. A Hot Site enables a company to continue with its normal business operations, after the occurence of a disaster within a short period of time.
The hot site model is regarded as a fully functional backup site which can be used in the assumption of operations immediately in case when there's failure of the primary location fails.
Addison Company experienced an accounting event that affected its financial statements as indicated below: Assets Stockholders' = Liabilities + Equity Revenue + Expense Net Income Stat + + +Which of the following accounting events could have caused these effects on Addison's financial statements? Multiple Choice O Collected cash from accounts receivableO Earned revenue on accountO Collected cash from accounts receivable O Earned revenue on account O Issued common stock O Earned cash revenue
Answers
The following accounting event that the Addison Company encountered had an impact on its financial statements: Assets Stockholders' = Revenue + Expense Net Income Statue + + +, The right response is earned income on account.
Explain Which accounting event appears on Addison's financial accounts as a result of earned revenue on account?The following accounting event appears on Addison's financial statements as a result of earned revenue on account.
Accounting is a term used to refer to the measurement, processing, and verbal transmission of economic and non-economic data about financial institutions such as corporations and agencies. Accounting, also known as the "language of business," measures the results of an organization's financial activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators.
Professionals in accounting include accountants. The terms accounting and financial reporting are frequently used synonymously. Tax accounting, fee accounting, financial accounting, and control accounting are only a few examples of the several categories into which accounting can be split.
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A tariff differs from a quota in that a tariff is?
Answers
A tariff differs from a quota in that a tariff is a tax imposed on imports, whereas a quota is an absolute limit to the number of units of a good that can be imported.
What are Trade restrictions?Generally, a trade restriction meas the various barriers that make the flow of goods and services between countries immobile, but If the barriers come from government policies, we call it trade protection.
A trade restrictions affect the demand for and supply of goods and services on international markets but a trade protection prevents market forces from operating freely to determine the equilibrium quantity and price. In conclusion, a trade protection results in an inefficient allocation of resources on a global scale.
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Companies often use more than one capital budgeting method to determine which capital investment to make.
a. True
b. False
Answers
Companies often use more than one capital budgeting method to determine which capital investment to make.True
An investment is an asset or item acquired with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset over time. When an individual purchase a good as an investment, the intent is not to consume the good but rather to use it in the future to create wealth. Investment is an asset that is acquired with the anticipation of generating an income or profit or price appreciation. The benefit derived from the investment is called a return. Risk and return are directly proportional (i.e. the higher the risk, the higher the return). Investing is an effective way to put your money to work and potentially create wealth. Investing wisely can make your money outpace inflation and increase your value.
The greater growth potential of investments is largely due to the power of compound interest and the balance between risk and return. There are many ways to invest, from very safe options such as certificates of deposit and money market accounts to medium-risk options such as corporate bonds and high-risk options such as index funds. This is good news because it means you can find investments that offer a variety of returns and fit your risk profile.
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hlo anyone there to talk with me
Answers
hell what do you want to talk about
What is the hazard? Chris works for a city public works department. One hot afternoon the temperature outside reached 92 degrees. While Chris was shoveling dirt in a vacant lot, he started to feel dizzy and disoriented. He fainted due to the heat.
Answers
Answer: dehydration
Explanation:
Answer:
dehydration and heat exhaustion.
Explanation:
I hope this helps! :)
Bravo! You did a great job. I bet you are ready to further evaluate your learning
about the lesson.
This assessment will gauge your mastery on the lesson about staffing.
COMPLETE THE SENTENCES: Choose the correct word or phrase from the box below
to complete each sentence.
MANAGEMENT
UNIVERSAL
STAFFING
SATISFACTION
SUCCESS
OPTIMUM
SELECTION
SKILLS INVENTORY
WORKFORCE
OBJECTIVES
Answers
Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.
Answers
Explanation:
to eliminate their best efforts in the company
Answer:
"bureaucratic barriers"
Explanation:
i got it right on plato
A federal covered investment adviser makes a loan to one of her clients for the purpose of buying a residence for personal use. The loan is secured by a lien on the house. Which statement is TRUE?
A. This is not permitted because an adviser cannot place a lien on assets B. This is not permitted because the value of the security for the loan may change in relation to the principal amount of the loan C. This is permitted because the adviser can make a loan secured by real estateD. This is not permitted because an adviser cannot make a loan to a client
Answers
This is permitted because the adviser can make a loan secured by real estate. Federal covered investment advisers are permitted to make loans to their clients as long as the loans are fully collateralized.
The correct answer is c.
In this case, the loan is secured by a lien on the house, which is real estate and qualifies as an acceptable form of collateral. Options A, B, and D are incorrect as they either make incorrect assumptions about the legality of placing liens on assets or do not accurately reflect the regulations surrounding investment advisers making loans to their clients.
This is not permitted because an adviser cannot make a loan to a client. A federal covered investment adviser is not allowed to make loans to clients, regardless of the purpose of the loan or the security provided. This restriction is in place to prevent conflicts of interest and potential harm to the client due to the adviser's influence over their financial decisions. In this case, the loan is secured by a lien on the house, which is real estate and qualifies as an acceptable form of collateral.
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Complete the following sentence. Remember to spell correctly.
When supply exceeds demand, a market
occurs
Answers
Answer:
bear
Explanation:
Answer:
bear
Explanation:
hope this helps ;)
single order quantity inventory problem or newsboy problem:a hotel near the university always fills up on the evening before football games. history has shown that when the hotel is fully booked, the number of last-minute cancellations has a mean of 5 and standard deviation of 3. the average room rate is $80. when the hotel is overbooked, the policy is to find a room in a nearby hotel and to pay for the room for the customer. this usually costs the hotel approximately $200 since rooms booked on such late notice are expensive. how many rooms should the hotel overbook ?
Answers
The hotel cannot overbook a fractional number of rooms, the hotel should overbook 11 rooms to maximize their profit.
P(cancellation > x) = P(Z > (x - μ) / σ)
Profit = Revenue - Cost
Revenue = x * $80 (assuming all overbooked rooms are sold)
Cost = P(cancellation > x) * $200
Therefore, the hotel's expected profit can be expressed as:
Expected Profit = x * $80 - P(Z > (x - μ) / σ) * $200
d(Expected Profit) / dx = $80 - $200 * φ((x - μ) / σ) * (1 / σ) = 0
where φ is the standard normal probability density function. Solving for gives:
x = μ + σ * z
z = 1.645
Therefore, the optimal number of rooms to overbook is:
x = 5 + 3 * 1.645 ≈ 10.9
Revenue is the total amount of money a business earns through its operations, sales, and other sources of income during a specific period, usually a fiscal year. It is often referred to as the top line of a company's financial statement, which includes all the money received by the business before any deductions, such as expenses or taxes.
Revenue is a critical metric for businesses as it indicates the company's ability to generate income and is used to calculate important financial ratios like profit margins and earnings per share. A company's revenue can come from various sources, including the sale of goods or services, rental income, interest income, and capital gains.
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The following are transactions for the Sky Blue Corporation:
a. Collected $3,600 rent for the period October 1 to December 31, which was credited to Deferred Revenue on October 1.
b. Paid $2,160 for a two-year insurance premium on October 1 and debited Prepaid Insurance for that amount.
c. Used a machine purchased on October 1 for $52,800. The company estimates annual depreciation of $5,280.
Required:
For each of the above transactions for the Sky Blue Corporation, give the accounting equation effects of the adjustments required at the end of the month on October 31.
Answers
a. Accounting equation effects:
Increase Deferred Revenue (liability) by $3,600
Decrease Retained Earnings (equity) by $3,600
b. Accounting equation effects:
Increase Insurance Expense (expense) by $360
Increase Retained Earnings (equity) by $360
c. Accounting equation effects:
Increase Depreciation Expense (expense) by $440
Increase Accumulated Depreciation (contra-asset) by $440.
a. Deferred Revenue account is credited on October 1 for $3,600. The rent collection was credited to Deferred Revenue as of October 1. The following entry will be made on October 31 to adjust the balance sheet at the end of the month.
Accounting equation effects:
Increase Deferred Revenue (liability) by $3,600
Decrease Retained Earnings (equity) by $3,600
b. The balance of the Prepaid Insurance account was $2,160 as of October 31, having decreased by $360 each month. The following entry will be made to record the adjustment.
Accounting equation effects:
Increase Insurance Expense (expense) by $360
Increase Retained Earnings (equity) by $360
c. The machine costs $52,800 and has an annual depreciation cost of $5,280. The depreciation expense for the month of October is $440 (5,280/12 months). The following entry will be made on October 31 to record the adjustment. Accounting equation effects:
Increase Depreciation Expense (expense) by $440
Increase Accumulated Depreciation (contra-asset) by $440.
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Banks do not hold a lot of their assets in the form of cash mainly because of:
a. regulation.
b. the fear of being robbed.
c. the opportunity cost of holding cash, cash does not earn interest.
d. it can encourage employee theft.
Answers
Banks do not hold a lot of their assets in the form of cash mainly because of the opportunity cost of holding cash, cash does not earn interest. The correct option is C.
Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. It is necessary to weigh the advantages and disadvantages of each choice offered in order to correctly assess opportunity costs.
The interest that could have been made if the cash had been used to buy bonds instead is the opportunity cost of keeping any money balance.
Therefore, due to the opportunity cost of holding cash and cash does not earn interest banks does nor prefer to hold a lot of their assets in the form of cash .
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Tranching makes investing in a mortgage-backed security more risky than investing in a single subprime loan because it:
Answers
Tranching is a process used in the securitization of mortgage-backed securities (MBS). This process involves dividing a pool of mortgages into several smaller parts, called tranches, based on the level of risk associated with each mortgage. Each tranche has a different level of priority for receiving payments, and therefore, different levels of risk associated with them.
When investing in a mortgage-backed security, tranching makes it more risky than investing in a single subprime loan because it exposes the investor to a higher level of uncertainty. This is because the risk associated with each tranche is not always clear.
For example, if a mortgage pool is divided into tranches of senior and junior securities, the junior tranche is likely to have a higher yield than the senior tranche, but also a higher level of risk.Additionally, tranching can make it difficult to evaluate the quality of the underlying assets. This is because the mortgages that make up the pool are often originated by different lenders, which can make it hard to assess their quality.
This lack of transparency can lead to greater uncertainty and increase the risk for investors.Overall, tranching can make investing in a mortgage-backed security more risky than investing in a single subprime loan because it exposes investors to a higher level of uncertainty and makes it more difficult to evaluate the quality of the underlying assets. Investors need to be aware of these risks and take them into account when making investment decisions.
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Which statement about earnings and education is most true?
Answers
Answer:
graduates with a professional degree always earn more than others
Answer: College graduates often earn 50 percent more per year than high school graduates
Explanation: because
everything that a business does to keep its customers happy is called ________.
Answers
verything that a business does to keep its customers happy is called Customer service.
Customer service refers to everything that a business does to keep its customers happy. It encompasses various activities and strategies aimed at providing a positive and satisfactory experience for customers. This includes offering prompt assistance, addressing customer inquiries and concerns, providing reliable product information, delivering products or services on time, and ensuring effective after-sales support.
Effective customer service is crucial for building and maintaining strong customer relationships, fostering loyalty, and promoting positive word-of-mouth referrals. It involves creating a customer-centric culture within the organization and continuously seeking ways to enhance the customer experience.
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Which sequence of HACCP principles is in the correct order?
A.
Establish critical limits for each CCP, conduct a hazard analysis, and establish corrective actions.
B.
Conduct a hazard analysis, identify CCPs, and establish critical limits for each CCP.
C.
Establish record-keeping procedures, establish corrective actions, and establish CCP monitoring requirements.
D.
Establish CCP monitoring requirements, conduct a hazard analysis, and identify CCPs.
E.
Conduct a hazard analysis, identify CCPs, and establish CCP monitoring requirements.
Answers
Answer:
B
Explanation:
Hazard analysis of critical control point (HACCP) is a process of identifying and assessing risks alongside the biological , physical and chemical hazards associated with food production .
The sequence of the first three of the seven principles are
1. Conduct hazard analysis to determine potential risks related to food protection
2. Identify the critical control point (CCP) which addresses controlling identified hazards that are mostly likely to cause injury to health
3. Establishing critical limits for each CCP , which is the highest or lowest level a biological ,physical or chemical parameter must be controlled to prevent or minimize hazards.
Answer:
B. Conduct a hazard analysis, identify CCPs, and establish critical limits for each CCP
Explanation:
Five years ago, Benjamin invested in Parchar Special Effects. He purchased four par value $1,000 bonds from Parchar Special Effects at a market rate of 96. 230. Each bond had an interest rate of 7. 2%. Benjamin also purchased 200 shares of stock in the same company, each of which cost $19. 08 and had a yearly dividend of $2. 4. Today, bonds from Parchar Special Effects have a market rate of 104. 595, and stock in Parchar Special Effects costs $22. 62. If Benjamin liquidates his portfolio and sells all of his investments, which aspect of his investment will have yielded him a greater total profit, and how much greater is it? a. The bonds yielded $940. 20 more in profits than the stocks. B. The bonds yielded $33. 00 more in profits than the stocks. C. The stocks yielded $373. 20 more in profits than the bonds. D. The stocks yielded $973. 40 more in profits than the bonds.
Answers
Explanation:
what are tow main reasons that force people to travel?
why planning is important before starting a business?
Answers
Answer:
So you can get ready to know 'how to make your business good'
If you don't plan, then you'll forget to setup something is may be important
Explanation:
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Ram said to gita,"you are mt best friend."(indirect)
Answers
Answer:
ram said to gita that she is his best friend
.
.
.
.
hope it may help
problems facing the private security industry include all of the following except
Answers
Lack of regulation is not a problem facing the private security industry.
Although many other challenges exist, such as low pay and inadequate training, a lack of regulation is not among them. In fact, the private security industry is heavily regulated by various government agencies, both at the federal and state level. These regulations cover areas such as licensing, training, and conduct standards. Lack of regulation is not a problem facing the private security industry. However, enforcement of these regulations can sometimes be lax, leading to further problems within the industry. Although many other challenges exist, such as low pay and inadequate training,
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discuss wether trade unions always have a harmful effect on the wider economy
Answers
Answer:
1 could lead to disruption of economy
2 could lead to firm going out of business
3 it cause an increase in unemployment
4 output damage reputation of a country
5 can lead to higher wages