Which of the following is part of Deming's PDCA cycle?
A. Process
B. Direct
C. Apply
D. Check
E. Decide
D. Check
The PDCA cycle is a plan-do-check-act cycle using observed data for continuous improvement of operations
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What is buyer power?
A. High when it is easy for new competitors to enter a market and low when there are significant entry barriers to joining a market. B. High when there are many alternatives to a product or service and low when there are few alternatives from which to choose. C. The suppliers' ability to influence the prices they charge for supplies (including materials, labor, and services). D. The ability of buyers to affect the price they must pay for an item.
Which of the following is an example of an organization's brand-related objective?
A) developing market share in new market Y from 0% to 10% within one year B) improving perceived quality, as evidenced by third party analyst rating increasing from ranking #5 to ranking #2 in analyst report X C) increasing the portion of the market controlled in new market Y from 0% to 12% within one year D) adding a new luxury product line to target high-end customer
Singh Company manufacturers wheelchairs. Each wheelchair requires $325 of raw materials and $780 of conversion costs. Each wheelchair is sold for $1,500. Last month Singh completed 35 wheelchairs and sold 32 wheelchairs. The ending balance in finished goods inventory is:
A. $3,315. B. $4,315. C. $1,105. D. $4,420. E. $3,500.
Dryler Corporation sold unregistered securities that were required under the 1933 Act to be registered. Howlett-Midland Corporation used an outdated prospectus in the sale of its securities. Discuss the civil liability of the companies for these acts