Conformance quality addresses whether the product was made or the service performed to specifications. True False

Answers

Answer 1
Answer:

Answer:

It's true

Explanation:

Quality as compliance is a concept of quality based on the product, whose main objective is to meet a set of characteristics that can be measured and established by the manufacturer to satisfy the customer, which implies a technical concept of quality.

The concept would be admissible when it is easy and possible to correctly identify the specifications. The main advantages:

• Ease of measurement

• It forces management to disaggregate all the components of the product, in order to establish the quality parameters.

• It is useful to clarify the responsibilities as operators and supervisors

• Efficiency improvement

However, it also has some drawbacks:

• It is oriented towards the product, towards internal efficiency (not towards the customer).

• A continuous redefinition of specifications


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One way newspapers are classified is by structures of advertising agencies. type of advertisers. frequency of delivery. subscription rates. closing date.

Answers

Answer:

One way newspapers are classified is by:

frequency of delivery.

Explanation:

Newspapers are classified into morning and evening dailies, weeklies, etc.  Some newspapers are delivered only in the morning while others are delivered in the evening.  Others may be delivered weekly, bi-monthly, monthly, etc.  These frequencies of delivery determine the classification of the newspaper.  A newspaper that is delivered daily is known as a daily newspaper while the other delivered weekly is called a weekly newspaper, and so on.

It there any real reason to why a woman with the exact same qredentials as a man in a workplace get payed less than the man?

Answers

Of course not. Equal pay for equal work is a constant struggle for our society.

Suppose that an initial $10 billion increase in investment spending expands GDP by $10 billion in the first round of the multiplier process. Also assume that GDP and consumption both rise by $8 billion in the second round of the process.A) What is the MPC in this economy? B) What is the size of the multiplier?

Answers

Answer: A. MPC = 0.8

B. Multiplier = 5

Explanation:

Given in the question above, we have:

Change in consumption = $8 billion

Change in income = $10 billion

(We know, GDP = C + I + G + (X-M)

Where;

C= consumption

I= investment

G= government expenditure

X-M= net exports

Therefore, change in Investment by $10B means GDP automatically increases by $10B. Similarly, change in Consumption by $8B means GDP automatically increases by $8B.

a) The formula used to find MPC:

MPC = Change in consumption / Change in income

MPC = 8/10 = 0.8

Therefore MPC = 0.8

b) Formula to find multiplier:

k = 1/(1-MPC)

k= 1/1-0.8

k= 1/0.2

k= 5.

You are considering investing in a zero-coupon bond that will pay you its face value of $1000 in twelve years. If the bond is currently selling for $496.97, then the internal rate of return (IRR) for investing in this bond is closest to ________.

Answers

Answer:

6%

Explanation:

we can use the future value formula to determine the internal rate of return:

future value = present value (1 + r)ⁿ

  • future value = $1,000
  • present value = $496.97
  • n = 12
  • r = ?

1,000 = 496.97 (1 + r)¹²

(1 + r)¹² = 1,000 / 496.97 = 2.012194

¹²√(1 + r)¹² = ¹²√2.012194

1 + r = 1.059999

r = 1.059999 - 1 = 0.059999 ≈ 6%

How is a franchise “an almost independent” business?

Answers

A franchise is an almost independent business because the franchisor is most involved in securing protection for their trademark, controlling the business concept and securing their know-how.

John is the head of the insurance claims department. John works for longer hours than his subordinates. However, John is not paid overtime for working more than 40 hours per week. Under the FLSA, which of the following will justify the organization's decision not to give John overtime pay? A. John is not a U.S. citizen.
B. John comes from an economically strong background.
C. John is unmarried.
D.John is considered as an exempt employee.
E. John has lower educational qualifications than his subordinates.

Answers

Answer:

The correct answer is D.John is considered as an exempt employee.

Explanation:

Some employees are exempt from overtime pay provisions, even when they are covered by other FLSA provisions. Although the actual determination of the exempt and non-exempt status is complex, exempt employees usually meet three tests: payments greater than US $ 455 per week, receive a salary instead of an hourly rate and perform a job in an exempt category listed by the US Department of Labor. Exempt categories include supervisors, managers, professional services and some administrative jobs.