Every company needs to have one owner, whose main responsibility is to provide financial support.
What is an enterprise?Organizations or enterprising entities engaged in commercial, industrial, or professional activities are known as businesses. Coordination of some sort of economic production is the aim of a business (of goods or services). Businesses can be profit-oriented businesses or charitable groups promoting a good cause. Businesses range in size and reach from modest local startups to vast international giants.
Business also refers to a person's activities and endeavors that generate and market goods and services for a profit. An idea and a name form the basis of the concept, and in order to determine whether it is possible to turn the idea into a business, extensive market research may be required.
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If a loan is paid after two years, and the amount $3000 is to be paid then with a corresponding 5% interest rate, the present value of the loan is $_________
2707.5, Amount of loan is ₹3000 paid after two years with 5% interest the loan amount now will be. First Year After 5% of 3000 will be 2850, Second year after 5% of 2850 will be 2707.5
More about loan:
The principal, or total amount of the loan, is what is used to calculate the interest rate for loans. The debt cost for the lender and the required return for the lender are represented by the interest rate. Since lenders demand payment for the loss of use of the funds during the loan period, the amount due is typically more than the amount borrowed.
Instead of making a loan during that time, the lender may have made investments with the money, which would have brought in revenue from the asset. The amount of interest charged is the change in the total repayment amount and the original loan.
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During the normal sequence of the economic cycle, after a period of recovery, the economy will move to a period of? a depression b recovery c expansion d prosperity
During the normal sequence of the economic cycle, after a period of recovery, the economy will move to a period of b. recovery.
Economic cycles are durations of enlargement followed by using recession in the economic pastime. those adjustments have implications for the welfare of the broad population as well as for the personal organization.
The economic cycle is the fluctuating kingdom of an economy from durations of monetary expansion and contraction. it's also measured with the Gross Domestic Product of a rustic or vicinity.
The economic cycle fluctuates between periods of enlargement and contraction. those modifications are caused by degrees of employment, productivity, and the whole call for and supply of the kingdom's goods and offerings.
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Different jobs within the same profession may require more or less education. please select the best answer from the choices provided t f
Answer:
True
Explanation:
My dad is a nurse actually a house supervisor
And you can become a nurse with like a bachelors degree. However, to move up the 'food chain' he needed his masters degree
What is the incremental cost incurred if the company increases production and sales from 17,250 to 17,251 units?
The incremental cost incurred when a company increases its production and sales from 17250 to 17251 units is Marginal Cost.
Marginal cost may be defined as the change in Total cost per unit change in the output. It is a short-run cost. It may be also defined as the cost which is incurred when there is a change in output by one unit.
For any level of output, the sum of the marginal cost up to that level gives the Total variable cost incurred at that level. The average variable cost at some level of output is the average of all the marginal costs up to that level.
The difference between the Marginal cost and the sales price is taken as the contribution margin and both Marginal cost and sales price can be used in Managerial accounting and economics.
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you want to buy a new car, but you can make an initial payment of only $2,400 and can afford monthly payments of at most $500. if the apr on auto loans is 12% and you finance the purchase over 48 months, what is the maximum price you can pay for the car? note: do not round intermediate calculations. round your answer to 2 decimal places.
With a down fee of $2,400 and being able to pay $500 according to month, the automobile that you may purchase can not have a price better than $21,397.
What is the maximum price you can pay for a car, given your financial situation?The fee for a vehicle can range relying on the man or woman and their monetary situation. For example, when you have a horrific credit score score, then you can want to pay greater on your vehicle than a person with an appropriate credit score would require you to pay a better down price. In addition to the fee of the vehicle, there also are different prices that can be related to your vehicle buy, which include registration and insurance.
The down price is the cash that you have given to a financial institution or dealership with a view to buying the vehicle. Many humans are hesitant approximately shopping for a vehicle, due to the big monetary danger. You can lessen this danger via way of means of making an in-advance deposit for your vehicle.
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When mountain climbers purchase clothing for scaling mount everest, their purchases are primarily addressing __________ needs.
When mountain climbers purchase clothing for scaling Mount Everest, their purchases are primarily addressing functional needs.
What is need?Needs can be defined as the basic necessity that the person needs to have to survive some of example of clothes, food, water, or shelter etc
As climbing Mount Everest the oxygen and nature are very different they are also the temperature is negative so the primary or the functional lead to survive on Everest should be purchasing climbing gear as well as some warm clothing else it will help you keep warm and travel which is the need.
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Labor charges that cannot be easily traced to a job are considered ______. manufacturing overhead direct labor indirect labor
Labor charges that cannot be easily traced to a job are considered manufacturing overhead direct labor.
The total amount of pay, benefits, taxes, and insurance paid to employees by an employer is referred to as labor cost.The hourly compensation of a quality assurance inspector, adjusted to incorporate healthcare benefits and short-term disability, is one example of a direct labor cost. Another example would be the annual wage of a welder on a steel components manufacturing company's production line.The wages paid for the labor directly involved in production are referred to as direct labor expenses. Manufacturing overhead costs, such as factory rent, utilities, general maintenance charges, and indirect labor, are costs that cannot be directly traced to a specific product or batch of products.Manufacturing overhead costs are referred to as indirect costs since they are difficult to attribute to specific products.Thus this is the meaning of Labor Charges.
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which one of these documents itemizes the closing costs and explains the terms of your loan? appraisal closing disclosure deed affidavit
A loan is a type of debt that a person or another organization takes on. The borrower receives a sum of money from the lender, which is typically a corporate or government.
What is loan ?The term "loan" refers to a specific category of credit instrument in which a sum of money is lent to another party in return for the value or main amount's repayment in the future. In many circumstances, the lender also adds interest or finance charges to the principal amount, which the borrower must repay in addition to the principal sum.
Loans may be made for a predetermined, one-time sum or as an open-ended line of credit up to a predetermined limit. There are many various types of loans, including secured, unsecured, commercial, and personal loans.
A loan is when money is provided to someone else with the understanding that it will be repaid, along with interest.
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marbled granite company files a suit against natural stone, inc., in a colorado court with general jurisdiction. in a delaware court with limited jurisdiction, e-sales corporation files a suit against first state bank. the difference between general and limited jurisdiction is
marbled granite company files a suit against natural stone, inc., in a Colorado court with general jurisdiction. in a Delaware court with limited jurisdiction, e-sales corporation files a suit against first state bank. the difference between general and limited jurisdiction is the subject matter of the cases that the courts can decide.
General phrase for the submission of any complaint (or petition) seeking legal relief through judicial action, frequently referred to as a "law suit." Although it is officially a "suit in equity," the term "petition" is frequently used to refer to a lawsuit that seeks a court order for action rather than a monetary award. Law suit is etymologically connected to suits, and the word "suit" itself has a variety of connotations in the fields of law, fashion, romance, and card games. The verb sequere, which is an ancestor of the verb sue and means "to follow," is the root of the term sequitus, which ultimately stems from the Latin verb sequitus via the Anglo-French suite. Knowing this etymology may help you distinguish between a lawsuit and a complaint since a law suit comes after a complaint (if you are guilty of misuse).
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At an annual requirement of 40,000 units, what does the company save per year by selecting the low-cost option?
At an annual requirement of 40,000 units, what the company save per year by selecting the low-cost option is :$50,000.
Total savings on buyingAt 40000 units annual production:
Alternative: Buy:
Fixed Cost $200,000
Variable Cost $600,000
( 15 x 40000)
Total Costs = $800,000
Alternative: Make
Fixed Costs $50,000.00
Variable Costs $800,000
( 20 x 40000)
Total Costs $850,000
Total savings on buying:
Total savings on buying = $850,000 - $800,000
Total savings on buying= $50,000
Therefore at an annual requirement of 40,000 units, what the company save per year by selecting the low-cost option is :$50,000.
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The complete question is:
You currently make a part on old equipment at a cost of $50,000 per year and a variable cost of $20 / unit. You have found an outside supplier who will make the part for $15 / unit if you will pay their annual fixed costs of $200,000 / year. The following table summarizes the details of this make versus buy decision.
Alternative: Buy. Fixed cost: $200,000 per year. Variable cost: $15 per unit.
Alternative: Make. Fixed cost: $50,000 per year. Variable cost: $20 per unit.
What does the company save for the year by selecting the low-cost option at an annual requirement of 40,000 units?
A. $40,000
B. $150,000
C. $300,000
D. $50,000
Complete the lines describing essentials tips while drafting a cover letter.
A cover letter should have no
. Also, the sentences used in the cover letter should be
A cover letter should have no errors. Also, the sentences used in the cover letter should be precise.
The cover letter is commonly the first item an enterprise reads from you. Your letter must right now imply what function you're applying for and then supply data that demonstrates why you must be considered for the placement. Do no longer repeat all the statistics contained in your resume.
A cover letter, overlaying letter, motivation letter, motivational letter, or letter of motivation is a letter of introduction attached to or accompanying another file inclusive of a résumé or a curriculum vitae.
Things to keep away from while writing a cover letter
Not following instructions.The usage of the incorrect format.Discussing why you are searching out a brand new position.Using the equal cover letter for each software.Writing without first studying the organization and role.Discussing beside the point paintings experience or a loss of revel in.Learn more about a cover letter here brainly.com/question/3602860
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while shopping, lisa buys powdered milk since her favorite brand of organic milk is out of stock. she also buys a torch for her trekking trip and a pair of batteries for the torch. while waiting at the payment counter, she notices the colorful lollipops displayed at the counter. she purchases the lollipop even though she did not plan on buying one before entering the store. when considering all of lisa's purchases, which one is an example of a substitute product?
The substitute product is powdered milk.
A product that fulfills the same function as another one on the market is referred to as a substitute. A consumer can desire less of the other product if they have access to more of one commodity. There is a bad link between demand for alternatives and supply. This means that using one product eliminates or lessens the need for the other.In microeconomics, two things are considered substitutes if customers may use them for the same purpose. Having more of one thing makes a buyer want less of the other good because they regard both goods as similar or equivalent.Two products are said to be interchangeable if a client can purchase either one in its place, whereas complimentary products are those that are frequently purchased together.Thus the example of substitute product in this is powdered milk.
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Economic growth implies? a. opportunity costs are decreasing. b. you can only have more of one good by having less of another. c. you can now have more of all goods. d. fewer resources are available.
Economic growth implies you can now have more of all goods.
Economic growth describes an growth in the amount and exceptional of the monetary items and services that a society produces and consumes. Even as the definition of economic boom is simple, it is extraordinarily tough to degree it. Economic growth can be defined as the increase or improvement within the inflation-adjusted market value of the goods and services produced by using an financial system over a positive period of time. Statisticians conventionally measure such increase because the percent rate of growth in the actual gross home product, or real GDP. Economic boom – measured as an boom of people's actual income – manner that the ratio between people's profits and the costs of what they should buy is increasing: goods and offerings become extra low cost, human beings end up less poor. Broadly talking, there are primary sources of economic growth: growth inside the length of the workforce and boom in the productivity (output consistent with hour labored) of that workforce. Either can boom the general size of the economy but only robust productivity growth can increase consistent with capita GDP and income.
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the american plastics council wants to stimulate more consumer demand for products that are packaged in plastic. the ads will be run in consumer magazines and will hopefully cause customers to ask retailers to carry more products packaged in plastic. the american plastics council is planning to use a(n) strategy.
The american plastics council is planning to use a(n) pull strategy.
What is pull strategy?A pull marketing strategy, also known as a pull promotional strategy, is a marketing plan used by businesses to attract customers to their goods by increasing demand for them. The goal of pull marketing methods is to make consumers demand a specific product. You can employ a pull marketing approach on its own or in tandem with a push marketing strategy.
A pull marketing technique aims to have a consumer actively seek out a product and persuade merchants to carry the item in response to this demand.
In the case given above, for instance, a production company conducts marketing campaigns targeted towards consumers. Because of the marketing activities, customers look for a specific product and visit merchants in search.
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The increasing presence of the starbucks coffee company throughout china is a typical example of?
The increasing presence of the starbucks coffee company throughout china is a typical example of cultural diffusion.
A company, abbreviated as co., is a felony entity representing an association of people, whether natural, criminal or a mixture of each, with a particular objective. organization members proportion a common purpose and unite to obtain precise, declared dreams.
An organization is a criminal entity shaped by a collection of individuals to interact in and function a enterprise—business or industrial—company. An enterprise can be prepared in various methods for tax and monetary liability purposes depending at the company regulation of its jurisdiction.
It may be a constrained or an infinite agency, a personal or a public business enterprise, organisation constrained via assure or an agency having a share capital, or a network hobby organisation.
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from the choices presented in parentheses, choose the appropriate term for completing each of the following sentences: sentence appropriate term for completing sentence a. a product, sales territory, department, or activity to which costs are traced is called a (direct cost, cost object). b. advertising costs are usually viewed as (period, product) costs. c. factory overhead costs combined with direct labor costs are called (prime, conversion) costs. d. feedback is often used to (improve, direct) operations. e. a sacrifice made to obtain some benefit is a (cost, expense). f. the balance sheet of a manufacturer would include an account for (cost of goods sold, work in process inventory). g. the implementation of automatic, robotic factory equipment normally (increases, decreases) the direct labor component of product costs.
The appropriate term for completing these sentences on accounting processes are:
a. a product, sales territory, department, or activity to which costs are traced is called a - Cost ObjectAdvertising cost are usually viewed as - Period CostFactory overhead cost combined with direct labor are called - Conversion costs Feedback is often used to Improve Operation - Improve a sacrifice made to obtain some benefit is a - cost the balance sheet of a manufacturer would include an account for - Work in process inventorythe implementation of automatic, robotic factory equipment normally - Decrease How are accounting terms classified?When a product, or department, or activity can be traced in terms of cost, it is a cost object. Period costs are costs that are incurred in the current period and an example is advertising cost.
When factory overhead is combined with direct labor and direct materials this is a conversion cost and when we make a sacrifice to get one thing, that sacrifice is a cost.
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A company that can outperform other organizations due to its ability to provide its goods and services more efficiently and effectively is said to have a _______.
A company that can outperform other organizations due to its ability to provide its goods and services more efficiently and effectively is said to have a competitive advantage.
In order to provide goods or services better or more affordably than its competitors, a corporation must have a competitive advantage. These services enable the production unit to produce more sales or higher margins in comparison to its competitors in the service market. Cost structure, branding, the calibre of product offers, the distribution system, intellectual property, and customer service are just a few of the aspects that are credited with giving a company a competitive advantage. Due to particular service qualities or circumstances, competitive advantages increase value for a company and its shareholders. The harder it is for competitors to offset the advantage, the more sustainable the competitive advantage is.
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during the 1960s, u.s. firms created just over of worldwide foreign direct investment and british firms were second accounting for just over 10 percent.
During the 1960s, US firms created just over 65% of worldwide foreign direct investment and British firms were second accounting for just over 10 percent.
How was foreign investment in the 1960s?With the United States being the strongest economy to come out of the second World War, they continued this trend up to the 1960s and beyond.
This allowed their firms to be the most active on the global market and explains why U.S. firms were responsible for more than 65% of the entire worldwide foreign direct investment .
The British may have still been recovering at the time but they were still a world power in economics and showed this with more than 10% of worldwide foreign direct investment coming from British companies.
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The core dimensions of the job characteristics model can be combined into a single predictive index called ________.
The motivating potential score is a single prediction measure that combines the fundamental components of the job characteristics model.
What is the job characteristics model?The philosophy of work design is known as the job characteristics theory. In organizational settings, it offers "a set of practical principles for enhancing tasks." The original version of the job characteristics theory proposed a model of five "core" job characteristics, including skill diversity, task identity, task significance, autonomy, and feedback, that influence five work-related outcomes, including motivation, satisfaction, performance, absenteeism, and turnover, through three psychological states.
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A bond is issued with a coupon of 4% paid annually, a maturity of 30 years, and a yield to maturity of 7%. What rate of return will be earned by an investor who purchases the bond for $627. 73 and holds it for 1 year if the bond’s yield to maturity at the end of the year is 8%?.
-11% is the rate of return will be earned by an investor who purchases the bond for $627. 73 and holds it for 1 year if the bond’s yield to maturity at the end of the year is 8%.
the key to reply this address is to keep in mind that valuation of a bond depends fundamentally of calculating the rate of return present esteem of a arrangement of cash streams, so let´s think almost a bond as in the event that you were a loan specialist so you may get intrigued by the cash you lend (coupon) and at the conclusion of n a long time you may get back the money you loan at the starting (central), so applying math we have the bond esteem given by:
so in this particular case that one year later there are 29 years to maturity so we have:
[tex]price= \frac{Principle*coupon}{(1+i)^{1} } +\frac{Principle*coupon}{(1+i)^{2} }+.......+\frac{Principle*coupon}{(1+i)^{n} }[/tex][tex]price= \frac{1000*0.04}{1+0.08} + \frac{1000*0.04}{(1+0.08)^{2} } +..........................\frac{1000*0.04)}{(1+0.08)^{30} }[/tex]
[tex]price=553.6638[/tex]
so as we have a higher rate of return the investment has the next return
[tex]rate=\frac{553.68}{627.73} -1[/tex]
rate= -11.8%
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Which involves maximizing the long-run value of the firm's stock and requires taking a long-run view of a firm's operations?
Shareholder wealth maximization involves maximizing the long-run value of the firm's stock and requires taking a long-run view of a firm's operations.
Who is a shareholder?A shareholder is sometimes referred to as stockholder and can be defined as an independent individual, organization or social group that has an interest in a particular business firm (corporation), and as such they can either affect or be affected by the decisions taken in the business.
What is shareholder wealth maximization?Shareholder wealth maximization can be defined as a strategic process which typically involves the maximization (efficient increase) of the long-run value of the stock of a particular business firm (corporation), and it often requires the business firm taking a long-run view of its operations.
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If 5 mg of a medicine improve the patients condition by 10%, then 50 mg must improve it by 100%. This is an example of: _________
This is an example of Extrapolation.
since you are extrapolating one mentioned prescription and taking an overdose to treat the patient.
In general, extrapolation is described as "extending information and conclusions from studies in related conditions or with related medicinal products, or in one or more subgroups of the patient population (source population) to draw inferences for another subgroup of the population (target population)."
Consequently, there is less need to produce extra information (types of information, population, condition, or product). in order to arrive at findings for the goal number (e.g., studies, design changes, number of patients needed) population, condition, or medication.
Extrapolation is mostly used to avoid conducting pointless studies on the intended audience for ethical considerations, efficiency, and resource allocation in regions where research are most required.
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Under the periodic inventory system, a company is counting its inventory in real time. True/false
Under a perpetual inventory system, the cost of goods sold is determined each time a sale occurs. True.
What is perpetual inventory system?Perpetual inventory is a sort of inventory accounting that instantly records the sale or purchase of inventory using commercial asset management software and electronic point-of-sale systems. Perpetual inventory accurately reflects the quantity of goods on hand and provides timely reporting of the quantity of inventory on hand in addition to a highly detailed picture of inventory variations.
When using this strategy, a company makes little effort to keep accurate records of the products it has on hand; instead, purchases are recorded as debits to the inventory database. In actuality, charges such as direct labor and material costs and direct factory overhead costs are incorporated into the price of the goods sold.
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A(n) ________ variable is a factor that affects both variables of interest in research and may falsely give the impression of a cause-and-effect relationship.
A confounding variable is a variable that affects both variables of interest and may falsely give the impression of a cause and effect relationship.
What is a confounding variable?Corresponds to a variable that can cause a random assignment effect in research groups, that is, it can demonstrate a cause and effect effect, but it cannot be true in fact.
Therefore, in research, confounding variables should be considered as likely to significantly influence the results, as they are capable of influencing the dependent and independent variable, causing attribution errors to the study.
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Philip's inc. reports stockholders' equity on its financial statements. the two items reported in the stockholders' equity section of philip's balance sheet are:_________
Philip's inc. reports stockholders' equity on its financial statements. the two items reported in the stockholders' equity section of Philip's balance sheet are Paid-in Capital.
A balance sheet is an economic assertion that consists of information about a company's belongings or liabilities at a selected point in time. it's far one of the 3 center economic statements (earnings statement and coins float statement being the other two) used for evaluating the performance of an enterprise.
The balance sheet offers info on the organization's capital shape, Gearing, liquidity situation, coins availability, asset creation through the years, and different agency investments.
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marketers create value for customers when they develop products that allow consumers to satisfy their needs and wants through exchange relationships
Marketers create value for customers when they develop products that allow consumers to satisfy their needs and wants through exchange relationships is known to be a true statement.
How marketers create value to the services rendered by them?Marketing is known to be one that brings about value by making the link that exist between people and products, as well as customers and companies.
Marketing is one that helps use to be able to meet human needs by the act of creating value. The marketer is one that act be selecting the product features as well as the services that will bring about value. The marketer select the prices that will make value in exchange.
Therefore, Marketers create value for customers when they develop products that allow consumers to satisfy their needs and wants through exchange relationships is known to be a true statement.
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Marketers create value for customers when they develop products that allow consumers to satisfy their needs and wants through exchange relationships. TRUE/FALSE.
lack of property rights diminish economic growth. diminish economic growth. increases productivity. increases productivity. encourage production. encourage production.
The answer is diminish economic growth.
The lack of property rights will produce difficulties in the daily lives of the people, and they will not be rectified unless the government intervenes with some property rights, because everyone would grab the property with power because the property rights are not there to claim the rights.Negative growth is defined as a drop in a company's revenues or earnings, or a drop in an economy's GDP in any quarter. Negative growth is characterized by declining wage growth and a decline of the money supply, and economists consider negative growth as a precursor to a future recession or depression.Economists usually believe that four variables drive economic development and growth: human resources, physical capital, natural resources, and technology.Thus this is the meaning of diminish economic growth.
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the six sigma team collaborates with designers to ensure that final design outputs include which of the desired attributes?
The six sigma team collaborates with designers to ensure that final design outputs include Design for cost, design for test, design for maintainability desired attributes.
Six Sigma is vital in a business application because firms must remain profitable in order to survive, and Six Sigma is a powerful tool for that purpose.Six Sigma is a method that analyzes and reduces errors or faults using statistics and data analysis. The goal of this procedure is to reduce manufacturing defects to no more than 3.4 defects per million units or events while improving cycle times.Six Sigma is a statistical and data-driven method that operates by analyzing and reducing errors or flaws. It focuses on improving cycle times while limiting manufacturing faults to no more than 3.4 occurrences per million units or events.Thus this is the meaning of six sigma.
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In insurance the uncertainty of an individual sustaining a loss in the future is classified as a/an?
In insurance, the uncertainty of an individual sustaining a loss in the future is classified as a hazard.
What do you mean by a hazard?Any source that could potentially cause injury, damage, or unfavorable health impacts to someone or something is a hazard. Risk is essentially the potential for harm or a negative outcome (for example, to people as health effects, to organizations as property or equipment losses, or the environment). Alternatively, a risk is a potential cause of harm. When something has the potential, even theoretically, to harm someone's health, life, property, or any other valuable interest, it might be considered a danger. The term "risk" is frequently used synonymously in everyday speech and refers to the likelihood that potential harm will be experienced in a particular situation as well as the size of that harm.
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David is in charge of buying materials for a clothing manufacturer. He has a list of suppliers and uses a multiattribute matrix to conduct _____ to evaluate those suppliers.
David is in charge of buying materials for a clothing manufacturer. He has a list of suppliers and uses a multiattribute matrix to conduct vendor analysis to evaluate those suppliers.
Vendor analysis is a procedure that aids in selecting the best vendors. This is crucial since unreliable suppliers can severely harm a company's ability to succeed. Determine needs. The first step in vendor analysis is to ascertain the demands of your business in terms of purchases. In order to locate the vendor who best meets their company's goals, vendor analysis first determines the strengths and limitations of each potential partner. Every time a business wants to identify a new vendor or assess the performance of one of its current vendors, a vendor analysis is carried out.
Analyzing the performance of vendors who provide goods or services to their organization is the responsibility of vendor analysts. They could also be entrusted with coming up with and putting into practice plans to make sure vendors adhere to strict guidelines or satisfy particular demands.
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