which of the following is a structured documented management
system describing the policy, responsibilities, and implementation
for ensuring quality?
Answers
Quality Management System is a structured documented management system describing the policy, responsibilities, and implementation for ensuring quality. Option B is the correct answer.
A quality management system is a group of operational procedures with the goal of boosting customer satisfaction and continuously satisfying customer needs. It is in line with the mission and strategic plan of a company. The objectives and ambitions of the organization, along with the procedures, rules, information, and resources required to put them into effect and preserve them, are how it is articulated. Option B is the correct answer.
Early quality management systems relied heavily on random sampling and simple statistics to forecast the results of an industrial product manufacturing line. Focus switched to group collaboration and dynamics, particularly the early signaling of issues via a perpetual improvement cycle, as labor inputs were often the most expensive inputs in most industrialized civilizations during the 20th century.
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The complete question is, "which of the following is a structured documented management system describing the policy, responsibilities, and implementation for ensuring quality?
A. Knowledge Management Systems
B. Quality Management system
C. Environmental management system
D. Process safety management system"
Related Questions
You can change your Plant Location at any time during the simulation. True or False?
Answers
It is False that You can change your Plant Location at any time during the simulation.
Business simulation, often known as corporate simulation, is a type of simulation used for business training, teaching, and analysis. It might be scenario or numerical in nature. The majority of business simulations are utilized for training and development of business acumen. Strategic thinking, decision making, problem solving, financial analysis, market analysis, operations, teamwork, and leadership are some of the learning goals.
The business gaming community appears to have recently adopted the phrase business simulation game instead of just gaming or simply simulation. For instructional purposes, the term simulation is frequently regarded too mechanical. While this is not generally the goal of an educational game, simulation also refers to activities in which an optimum for any problem is sought.
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My utility over goods 1 and 2 is given by: u(x1, x₂) = xx²/2 Where is the quantity of good 1 I consume and 2 is the quantity of good 2 I consume. Assuming I purchase only goods 1 and 2... If a = 10, b = 3, the price of good 1 is $9/unit, the price of good 2 if $9/unit and my income is $843, how much good 2 will I consume to maximize my utility? (Note: The answer may not be a whole number, so round your answer to the nearest hundredth) (Note: The numbers may change between questions, so read carefully)
Answers
We can solve this quadratic equation to find the value(s) of x₁. Once we have x₁, we can substitute it back into the budget constraint to find the corresponding value of x₂.
To determine the optimal consumption of good 2 that maximizes your utility, we can use the concept of consumer optimization with a utility function and budget constraint.
Given the utility function: u(x₁, x₂) = x₁ * x₂² / 2,
we want to maximize this function subject to the budget constraint: p₁ * x₁ + p₂ * x₂ = I,
where:
- x₁ is the quantity of good 1 consumed,
- x₂ is the quantity of good 2 consumed,
- p₁ is the price of good 1,
- p₂ is the price of good 2, and
- I is your income.
In this case, we have:
- a = 10 (coefficient of x₁ in the utility function),
- b = 3 (coefficient of x₂² in the utility function),
- the price of good 1 (p₁) is $9/unit,
- the price of good 2 (p₂) is $9/unit, and
- your income (I) is $843.
Now, let's substitute the values into the budget constraint and solve for x₂:
9 * x₁ + 9 * x₂ = 843.
Since we're interested in maximizing utility, we can solve for x₂ in terms of x₁ using the budget constraint:
x₂ = (843 - 9 * x₁) / 9.
Now, substitute this expression for x₂ into the utility function:
u(x₁, (843 - 9 * x₁) / 9) = x₁ * ((843 - 9 * x₁) / 9)² / 2.
To find the optimal consumption of good 2, we need to maximize this function by finding the value of x₁ that maximizes it. We can do this by taking the derivative of the function with respect to x₁, setting it equal to zero, and solving for x₁.
Differentiating the utility function:
du/dx₁ = ((843 - 9 * x₁) / 9)² / 2 - x₁ * 2 * (843 - 9 * x₁) / 81.
Setting the derivative equal to zero and solving for x₁:
((843 - 9 * x₁) / 9)² / 2 - x₁ * 2 * (843 - 9 * x₁) / 81 = 0.
Simplifying the equation:
((843 - 9 * x₁) / 9)² = x₁ * (843 - 9 * x₁) / 81.
Expanding and rearranging terms:
(843 - 9 * x₁)² = x₁ * (843 - 9 * x₁) / 9.
Multiplying both sides by 81 to eliminate fractions:
81 * (843 - 9 * x₁)² = 9 * x₁ * (843 - 9 * x₁).
Expanding and simplifying:
9,261 - 151,38 * x₁ + 81 * x₁² = 7,587 * x₁ - 81 * x₁².
Combining like terms:
162 * x₁² - 7,587 * x₁ + 9,261 = 0.
Solving the quadratic equation involves calculating the discriminant and using the quadratic formula. Since the equation involves specific values, I can assist you further by calculating the exact values of x₁ and x₂ if you provide me with the coefficients of
the quadratic equation.
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What information does a lead contain in a news story?
Answers
Answer:
1st one
Explanation:
Maria deposits her paycheck each week in a checking account. She plans to buy a car in the next year, so she decides to start saving $100 each month to pay for it. She does not want to have to remember to make that deposit each month. What savings instruments could help Maria reach her goal? Check all that apply. Series I savings bonds Series EE savings bonds a regular savings account a 24-month certificate of deposit a money market account with a $100 minimum deposit
Answers
Answer:
a regular saving accounts
a money market account with a $100 minimum deposit
Explanation:
i got right
Maria deposits her paycheck each week in a checking account. She plans to buy a car in the next year, so she decides to start saving $100 each month to pay for it. She does not want to have to remember to make that deposit each month. Savings instruments could help Maria reach her goal are -
A regular savings account a 24-month certificate of depositA money market account with a $100 minimum depositWhat is deposit?Deposit is a sum of money paid into a bank or building society account.
What is a paycheck?Paycheck is a salary or wages cheque made out to an employee.
What are savings?Savings are income not spent, or deferred consumption.
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What is the annual fee for this credit card?
Personal finance
Answers
Answer:
The annual fee on a credit card is the money you have to pay once in a year to be eligible for using the credit card and avail its benefits and rewards. The annual fee varies from one credit card to another and one cardholder to another.
Explanation:
hope this helps (≧∇≦)/
private enterprise is run mainly to?
Answers
Customer relationship management is the use of information about customers to create marketing strategies that develop and sustain desirable customer relationships. true or false
Answers
Answer:
the answer for this question is true
A reduction in the level of unemployment would have which effect with respect to the nation's production possibilities curve?
A. It would shift the curve to the left.
B. It would not shift the curve; it would be represented by moving from a point inside the curve toward the curve.
C. It would not shift the curve; it would be represented by moving from a point on the curve to a point to the right of the curve.
D. It would shift the curve to the right.
Answers
Answer:
B. It would not shift the curve; it would be represented by moving from a point inside the curve toward the curve.
Explanation:
Here the falling in unemployment represents that there is a movement with respect to the resources that are fully employed.
In this the unemployment means that it could be occured inner side of the PPF but if there is an increase, so the point of the production would be moved inner of the PPF to the PPF
Therefore the option B is correct
Opponents of prohibition argued that doing this governmental regulations was contrary to basic constitutional values and consumer freedoms?
Answers
The opponents of prohibition argued that doing the Moralizing governmental regulations was contrary to basic constitutional values and consumer freedoms.
What is the Moralizing regulation?Basically, the term "Moralizing" means the action of commenting on issues of right and wrong, such as with an unfounded air of superiority or having an overly critical point of view on issues of right and wrong.
From the moral values, the government regulation can emphasizes respect for rules and ethical considerations as the rules are the supreme guarantor of morality, ethics, and justice.
However, the opponents of prohibition argued that doing the Moralizing governmental regulations was contrary to basic constitutional values and consumer freedoms.
Because the government rules are the supreme guarantor of morality, ethics, and justice, then, the government should grant scheduled importance to the law along the way of earning decisions.
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The Stakeholder Approach to Business, iety, and Ethics (in textbook) Review the article/case below and discuss in the discussion forum 1. Read Article and Watch the corresponding Video: UK animal rights group blockades four McDonald's depots 2. Respond to the following discussion questions in the discussion forum by Wednesday 11:59pm ET. - What stakeholders are discussed in the article? - How does Animal Rebellion force McDonald's to understand the Stakeholder View of the firm? 3. Comment on 2 of your peers' discussion responses by Sunday at 11:59pm ET.
Answers
I can provide you with some general guidance on how to approach the discussion questions related to the stakeholder approach to business and ethics based on the information you've provided.
1. Discussed in the article:Identify the various stakeholders mentioned in the article. Stakeholders can include individuals, groups, or organizations that have an interest or are affected by the actions of the business. In this case, stakeholders may include McDonald's, Animal Rebellion, employees, customers, shareholders, animal rights activists, local communities, suppliers, etc.
2. How Animal Rebellion forces McDonald's to understand the Stakeholder View of the firm:
Discuss how Animal Rebellion's actions force McDonald's to consider the stakeholder view of the firm. Animal Rebellion's blockade of McDonald's depots is a form of protest aimed at drawing attention to animal rights issues. This action highlights the influence and impact that stakeholders can have on a company's operations and reputation. It can force McDonald's to recognize the concerns and demands of animal rights activists and consider their perspective as a legitimate stakeholder group. It may also prompt McDonald's to evaluate their policies and practices related to animal welfare and make changes to align with stakeholder expectations.
3. Commenting on peers' discussion responses:Engage in constructive discussions with your peers by providing thoughtful comments on their responses. You can discuss points of agreement or disagreement, provide additional insights or examples, ask questions to further the discussion, or offer alternative perspectives. Aim to contribute to a meaningful exchange of ideas and promote a deeper understanding of the stakeholder approach to business and ethics.
Remember to refer to the specific article and video mentioned in the instructions to provide relevant examples and support your arguments.
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What is production function ?and types of production function .
Answers
Production is a process whereby some goods and services, called inputs are transformed into other goods and services called output.
The production function refers to the relationship between the input of factor services and the output of the resultant product.
The production function is based on the idea that the amount of output in a production process depends upon the amount of inputs used in the process.
Output depends upon an input or a set of inputs in such a way that there is one unique amount of output resulting from each set of inputs.
This unique relationship between output and inputs is termed as production function.
A production function may be expressed in three forms:
(a) It can be expressed in the form of an arithmetic table where first few columns show the input of the factors and the last column shows total output of the product.
(b) The production function can also be illustrated geometrically by means of a simple graph as shown in given figure . Input level is measured along the horizontal axis and the total output upon he vertical axis.
(c) The production function may be shown through an algebraic expression in which output is a dependent variable and input, the independent variable.
In algebraic form, it can be expressed as:
Y =f(x),
where Y represents the output, x, the input and ‘f’ means is a function of, or ‘depends upon, or is determined by’.
What are three important of trade agreements?
Answers
Free trade agreements provide chances for both large and small Australian firms to profit from increased trade and investment, which in turn boosts economic activity & job creation in Australia.
What are the 3 trade agreements?Regional trade agreements include the European Union (EU), Asia-Pacific Economic Cooperation, Central American Free Trade Agreement (CAFTA-DR), and North American Free Trade Agreement (NAFTA) (APEC).
Free trade agreements (FTAs) enable manufacturers and exporters in the United States increase their access to international markets. Trade obstacles are removed via bilateral and international agreements, tariffs are lowered or eliminated, and economic progress is encouraged. Through trade, countries may expand their markets and receive goods and services that would otherwise not be available locally.
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If the units produced and unit sales are equal, which method would you expect to show the higher net operating income, variable costing or absorption costing? Why?
Answers
Absorption costing technique is basically used to reduce expenses, which increases operating income.
What is Absorption costing?
We know that total cost is summation of fixed cost and variable cost. But absorption cost we consider the product cost only neither fixed cost nor variable cost.Incurred cost is recovered by selling price of goods and services. Absorption costing technique is basically used to reduce expenses, which increases operating income.There are two steps to increase net operating income, they are 1. Increase production. 2. Decrease in expenditure.Increase in production as more productivity as more income is generated. Decrease in expenditure- It causes to increase saving. When somehow production is fixed then we can reduce expenditure to maintain the saving.To learn more about Absorption costing
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Tesla is an American automotive and clean energy company. In July 2018 Tesla CEO Elon Musk signed an agreement with the Shanghal regional government to build its third Gigafactory, and the first outside the US. production line capacity of Giga Shanghai is aimed at an annual capacity of more than 500,000 vehicles. The annual Tesla sales of 2021 in China reached 320,734 vehicles, In addition, the Giga Shanghai produced more than 480,000 vehicles in 2021, becoming Tesla's global production base. Answer the following questions based on the above background information. a. Assume that production in China only incurs costs in Chinese Yuan (CNY) and production in the US only incurs costs in U.S. Dollars (USD). Discuss how Tesla benefits from Giga Shanghai in terms of foreign exchange risk management compared to the original case of producing cars in the US. and then exporting them to China. Note in either case Tesla earns CNY revenues, but the functional currency of Tesla is USD. Please make other necessary assumptions to support your discussion. (6 marks, 200 words limit) b. Assume interest rate parity holds. According to Bloomberg, the 3-month interbank rate for CNY is 3.00% p.a. and that for USD is 1.84% p.a. Tesla has an account receivable of CNY 100 million to be received in 3 months. Calculate the change in the value of the receivable due to the expected change in the exchange rate and discuss how this risk can be managed through one of the derivative contracts introduced in FINC6013. Edit View Insert Format Tools Table
Answers
a)Tesla benefits from Giga Shanghai in terms of foreign exchange risk management compared to the original case of producing cars in the US and then exporting them to China as follows:
The exchange rate risk Tesla faces with Giga Shanghai is lower than the exchange rate risk the company faces when exporting cars to China from the US. The reason for this is that Tesla's costs in China are incurred in CNY, while the company's functional currency is USD.Tesla benefits from producing cars in China and selling them to the local market in CNY, as it does not require to exchange CNY revenues into USD at the prevailing exchange rate. Hence, production in China can mitigate foreign exchange risk for Tesla. If the company were to export cars from the US, the USD revenues would need to be converted into CNY at the prevailing exchange rate, resulting in a higher exchange rate risk. Tesla can hedge this risk using currency forward contracts, options or swaps.
b)The CNY interest rate of 3.00% per annum and the USD interest rate of 1.84% per annum can be used to calculate the expected change in the exchange rate as follows:
Expected change in the exchange rate = [(1 + CNY interest rate) / (1 + USD interest rate)]^
0.25 - 1= [(1 + 3.00%) / (1 + 1.84%)]^0.25 - 1= 1.09%
Therefore, the CNY 100 million will be worth USD 109,000 less in 3 months' time due to the expected change in the exchange rate. Tesla can manage this risk using a currency forward contract to fix the exchange rate at the current spot rate. The company can enter into a 3-month CNY/USD forward contract to sell CNY 100 million in exchange for USD at the current forward rate. This will eliminate the exchange rate risk and guarantee a fixed USD cash flow in 3 months' time.
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What does formula do In a spreadsheet program
Answers
Answer:
It uses data entered in certain cells to calculate values for other cells.
Explanation:
The "Heading1" paragraph style is a good choice to make a chapter name in a document stand out. False True
Answers
Answer:
The given statement is "True".
Explanation:
Content formatted with either a heading style initially appeared whenever users are using the perpendicular scroll pointer to peruse a memorandum. Headings can indeed be broadened and sometimes disappeared, as a component of Word’s overview component. Throughout the Navigation window, headings display as users check for text. Because once making a chart of material, individuals would be included.So the one listed above will be the right one.
Which of the following best describes a stock.
A) An incredibly stable investment that is always a safe investment
B) Is insured by the FDIC
C) Represents a share of ownership of a corporation
D) Only sold in the United States
Answers
Answer: C
Explanation: A stock represents a share of ownership of a corporation. Stocks are bought by people so they can get money. If the company's stock they by it from goes well, they get money as well as interest. The answer is C. Hope this helps!
a coupon bond that pays interest of 4% annually has a par value of $1,000, matures in 5 years, and is selling today at $875. the actual yield to maturity on this bond is . 8.82% 9.62% 7.05% 6.58%
Answers
Actual Yield to maturity is 6.58%
The annual rate of return an investor will receive if they hold a bond until it matures is known as yield to maturity.
Face value = F = $1,000
Coupon payment = $1,000 x 4% = $40
Selling price = P = $875
Number of payment = n = 5 years
Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]
Yield to maturity = [ $40 + ( $1,000 - $875) / 5 ] / [ ( 1,000 + $875) / 2 ]
Yield to maturity = [ $40 + $25 ] / $937.5 = $65 /$937.5 =0.0693333333
Actual Yield to maturity is 6.58%
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You are the coding supervisor and you notice a potential discrepancy in a productivity report from one of your coders. You remind all of the coders about the importance of accuracy with these reports. One of the coders thinks she may have accidentally combined 2 days into one of her daily productivity reports and she must decide if she should admit her potential mistake or just let it go because one day’s productivity reporting really doesn’t make a difference. This is an example of ______.
Answers
Answer:
laziness.
Explanation:
Your finance rate is determined by your credit history and credit rating.
True
False
Answers
Answer: True!
Explanation:
Which describes a situation of scarcity?
Answers
Answer:
Scarce natural resources make it more difficult for producers to keep up with demand.
Explanation:
pa brainlest na din po
Answer:
"Scarce natural resources make it more difficult for producers to keep up with demand"
ABSOLUTE SCARCITY EXAMPLES INCLUDE: ... Coal is used to create energy; the limited amount of this resource that can be mined is an example of scarcity. A day has an absolute scarcity of time, as you cannot add more than 24 hours to its supply. Those without access to clean water experience a scarcity of water
Customer value propositions should be specific with respect to tangible outcomes.
(A) True
(B) False
Answers
(B) False Customer value propositions should be specific with respect to tangible outcomes. The statement is incorrect. Customer value propositions should be specific and clear about the value and benefits.
That customers will receive from a product or service. While tangible outcomes can be part of the value proposition, it is not necessary for the proposition to be exclusively focused on tangible outcomes. Customer value propositions can include a combination of tangible and intangible benefits. Tangible outcomes refer to measurable and physical results, such as cost savings, increased efficiency, or improved performance.
Intangible outcomes, on the other hand, are more subjective and relate to emotional or psychological benefits, such as convenience, status, or peace of mind. A well-crafted customer value proposition considers both tangible and intangible outcomes, addressing the needs, desires, and pain points of the target customers. It should clearly communicate the unique value and benefits that customers will experience by choosing a particular product or service.
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how is the advancement of technology blurring the lines between humans and non- humans?
Answers
Answer:
As robotics quickly advance, scientists say the lines between robots and humans is beginning to blur.
That means one day with robotic prosthetics that work seamlessly with a human's muscles, with tiny robots that swim in our blood streams and fix medical problems and nano-scale robots implanted in our brains, we will become robotic humans.
As scary and sci-fi as that may sound, researchers say robotics will cure diseases, make amputees feel whole again and greatly extend our lives
Explanation:
a company policy manual is posted and updated on an internal webpage. employees must sign that they have read and understood the manual information. a conflict arises when one manager insists that employees should sign electronically, while another manager thinks that a paper form should be signed by employees. what conflict response pattern would be the most appropriate? a. competition b. collaboration c. compromise d. avoidance
Answers
Collaboration conflict response pattern would be the most appropriate.
The best approach to resolving this conflict is to collaborate and work together to find a mutually beneficial solution that both sides can agree upon.
The main benefit of collaboration is that it allows people to work together and share ideas, resources, and knowledge. Collaboration can help groups solve difficult problems, develop creative solutions, and increase productivity. It also helps to create a stronger sense of community within the group and can lead to greater job satisfaction and improved morale. Additionally, collaboration can help to build relationships and trust among team members, which can lead to better communication and better decision-making.
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after world war ii, the advanced industrial nations of the west committed themselves to increasing barriers to the free flow of goods, services, and capital between nations. group of answer choices true false
Answers
The statement is false that after world war ii, the advanced industrial nations of the west committed themselves to increasing barriers to the free flow of goods, services, and capital between nations
What is Barriers To Trade?A tariff, or import tax, is the most prevalent type of trade barrier. Imported items cost more than domestically manufactured goods due to tariffs (good produced at home). A government support to one domestic business over another is a typical trade barrier. Producing those things is now more affordable than selling them abroad thanks to subsidies. Government-imposed limitations on global trade are known as trade barriers. Trade restrictions are bad for the global economy and reduce overall economic efficiency, claims the comparative advantage argument.Trade hurdles include a variety of challenges exporting nations experience while sending commodities abroad. Depending on the time and distance between the countries, these trade obstacles can occasionally be purely natural. Trade barriers can occasionally be the result of government action. Tariffs and quotas are two of these restrictions.Following World War II, the developed industrialized nations of the West made a commitment to erect more obstacles to the free flow of people, capital, and services across borders. The aforementioned claim is untrue.The industrialized West strove to open up its economies following World War II. As a result, they switched from a closed to an open economy. Due to a decrease in trade restrictions, products and services could flow freely. Nations were allowed to trade freely to benefit from trade when all cultural and political barriers were removed.
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Omni-channel retailing has become essential to the consistency of brand experiences in today’s technological world. Disney is the master of this – theme parks, stores, cruises, all because you have the same experience no matter what channel you experience the product/service in.
Imagine that you have decided to become an entrepreneur and open a new, gourmet foods store specializing in unique and health culinary delights and savory snacks. Although you are just about to sign a lease on a store front, you know that you want to offer an app (local ordering, online sales, etc.) and an online market for limited product sales in addition to the retail store front. In one month, you will become an omni-channel marketer!
In a detailed PowerPoint, address the following questions:
What will your company brand voice be?
Who will your target market be? What did you base this decision on?
How will you reach and engage this target market?
What will your marketing strategy entail considering you will be in at least 3 channels? How did it change your perspective on how to market your company (instead of just focusing on a retail storefront)?
How will you maximize customer relationships and truly become a sought-after omni-channel markete
Answers
Omni-channel retailing has become a necessary component of the brand experience in today's technological world. The Disney Company is a prime example of this; no matter what channel a product/service is experienced through, the same experience is delivered.
In this case, I've decided to become an entrepreneur and open a gourmet foods store that specializes in unique and healthy culinary delights and savory snacks. I am about to sign a lease on a storefront, but I know that I want to offer an app (local ordering, online sales, etc.) and an online market for limited product sales in addition to the retail storefront.
In response to this, I'll make sure that my company brand voice resonates well with the target market. It'll be essential for the brand voice to be upbeat, catchy, and distinctive. It should be clear and straightforward, reflecting the product's unique attributes and characteristics.
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which of the following statements is a bottom-line statement
Answers
Answer:
The strong demand in Bigtown would make opening a new salon feasible
Explanation:
Answer:The strong demand in Bigtown would make opening a new salon feasible
Explanation:
60 points please help
1. What are two environmental hazards created by transportation? How are these hazards produced?
2. Imagine that you are a hospitality manager and you want to warn your guests about possible risks in the nearby park. What are two pieces of advice that you would give them to help them stay healthy while enjoying the park?
3. Some workers in transportation and logistics may work in factories or in transporting goods from factories. What are three common factory hazards? Describe each.
4. What are three hazards that might be found in restaurants? Why are these hazards found in restaurants?
5. Workers in hospitality and transportation careers often have to follow strict rules about environmental hazards. Why is this important?
Hospitality Manager <- your second lab link
1. Why is hospitality important in business?
2. What types of things does a hospitality manager do?
3. What courses or information would be helpful for a hospitality manager?
4. What do you think you'd like best about working as a hospitality manager?
Answers
Answer:
The environmental impact of transport is significant because transport is a major user of energy, and burns most of the world's petroleum. This creates air pollution, including nitrous oxides and particulates, and is a significant contributor to global warming through emission of carbon dioxide.
Prompt
What is liability?
Read More >>
Answers
Answer:
jobless
Explanation:
someone who depend on other people
what is the role of profit in a business ?
Answers
Answer:
Profit plays a huge role in business. business is run to gain profit .the main purpose of the business is to make profit if there is no profit in any business then it can no longer be run as it won't be possible to meet up the demands without profits.
Answer:
Profit equals a company's revenues minus expenses. Earning a profit is important to a business because profitability impacts whether a company can secure financing from a bank, attract investors to fund its operations and grow its business. Companies cannot remain in business without turning a profit.