answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mojhsa [17]
1 year ago
12

Each Cutco knife goes through 30 steps to ensure that it meets the firm's standards and provides a good value for a premium prod

uct. These steps help guarantee that each knife has the same degree of quality over time, which is known as _______.a.product designb.product differentiationc.consistency of qualityd.level of qualitye.product modification
Business
1 answer:
solmaris [256]1 year ago
5 0

Answer:

Consistency of quality

Explanation:

Consistency is very crucial to deriving customer satisfaction. Customers have to be provided with better and improved products of services if you want to ensure their continued patronage.

Inorder to ensure consistency, you have to look into setting up quality management systems into your business operations.

Quality management system (QMS) can be reffered to as the formal process of reviewing and documenting the procedures, products, services, and responsibilities of a business inorder to achieve your business goals and objectives. This process also allows you to find out the areas in your business that need improvement.

Quality management is designed to manufacture highly-consistent, quality products that would meet up to the customer and regulatory requirements.

You might be interested in
Central Valley Construction (CVC) purchased $80,000 of sheet metal fabricating equipment from Buffalo Supply on January 1, 20X1.
lys-0071 [83]

Answer:

......................

Explanation:

4 0
2 years ago
Data concerning Sinisi Corporation's single product appear below: Selling price per unit $ 200.00 Variable expense per unit $ 58
Finger [1]

Answer:

Break-even point (dollars)= $574,000

Explanation:

Giving the following information:

Selling price per unit $ 200.00

Variable expense per unit $ 58.00

Fixed expense per month $ 407,540

<u>To calculate the break-even point in dollars, we need to use the following formula:</u>

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 407,540 / [(200 - 58)/200]

Break-even point (dollars)= $574,000

7 0
2 years ago
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
yarga [219]

Answer:

$10,700

Explanation:

The unit product cost = $15 + $57 + $3 = $75

Sale revenue = $100 × 8,400 = $840,000

Less :Variable cost

Variable cost of goods sold = 8,400 × $75 = $630,000

Variable selling and administrative = 8,400 × $7 = $58,800

Contribution margin = $151,200

Fixed manufacturing overhead = $132,000

Fixed selling and administrative expenses = $8,500

Net operating income = $10,700

4 0
1 year ago
Assume the total cost of a college education will be $345,000 when your child enters college in 18 years. You presently have $73
mihalych1998 [28]

Answer:

annual rate of interest =  9.01 %

Explanation:

given data

future value = $345,000

present value = $73,000

time period = 18 years

to find out

annual rate of interest

solution

we get here annual rate of interest that is express as

annual rate of interest = (\frac{future\ value}{present\ value})^{\frac{1}{t} } - 1      ..................................1

put here value and we get annual rate of interest that is

annual rate of interest =  (\frac{345000}{73000})^{\frac{1}{18} }  - 1          

annual rate of interest =  9.01 %

7 0
2 years ago
Which of the following statements about operations management in the service sector is most accurate? Operations management in t
VikaD [51]
Operations management in the service sector has grown more rapidly than the manufacturing sector. Operations management is the implementation aspect of management.
8 0
1 year ago
Read 2 more answers
Other questions:
  • Reece has decided to start his own brewery. To purchase the necessary equipment, Reece withdrew $20,000 from his savings account
    14·1 answer
  • A potential bondholder is considering four companies for investment. Which company has the lowest likelihood of defaulting on th
    14·1 answer
  • Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours
    14·1 answer
  • In early November, department stores like Robinsons-May begin to prepare for upcoming holiday sales. Retail stores often make 25
    11·1 answer
  • Due to heavy lobbying by the Cake Makers of America, the government issues a new regulation that requires people who sell cakes
    15·1 answer
  • SI International had a FCFE of $122.1M last year and has 12.43M shares outstanding. SI's required return on equity is 11.3%, and
    11·1 answer
  • Jewel Service anticipates the following sales revenue over a five-month period: The company's sales are 40% cash and 60% credit.
    14·1 answer
  • When Marilyn Monroe died, ex-husband Joe DiMaggio vowed to place fresh flowers on her grave every Sunday as long as he lived. Th
    9·1 answer
  • Acton Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its m
    15·1 answer
  • Donny, of Donny's Doughnuts, bakes and sells 100 dozen doughnuts a day using one mixer and one fryer. His rival, Sunshine, of Su
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!