BUSINESS COLLEGE

Select each concept with its best description by selecting its letter in the dropdowns. Focuses on quality throughout the production process. Flexible product designs can be modified to accommodate customer choices. Every manager and employee constantly looks for ways to improve company operations. Reports on financial, social, and environmental performance. Inventory is acquired or produced only as needed.Just-in-time manufacturing 2. Continuous improvements 3. Customer orientation 4. Total quality management 5. Triple bottom line

Answers

Answer 1
Answer:

Answer:

Selection of Concept with its Best Description:

Concept                                      Best Description

4. Total quality management    Focuses on quality throughout the

                                                   production process

3. Customer orientation            Flexible product designs can be modified                            

                                                   to accommodate customer choices.

2. Continuous improvements   Every manager and employee constantly

                                                   looks for ways to improve company

                                                   operations.

5. Triple bottom line                  Reports on financial, social, and                                    

                                                   environmental performance.

1. Just-in-time manufacturing    Inventory is acquired or produced only

                                                   as needed.

Explanation:

1. Just-in-time manufacturing reduces manufacturing flow times and suppliers' and customers' response times.  The purpose is to reduce waste and continuously improve operations.

2. Continuous improvement is a business approach that focuses on incremental or breakthrough improvement of processes, services, or products.

3. Customer orientation: An organization that has customer orientation focuses on the customer first and tries to satisfy the customer before meeting its own needs.

4. Total quality management: This is a management strategy whereby all members of the organization improve customer services, processes, products, and organizational culture in order to achieve long-term success.

5. Triple bottom line (TBL): To create greater business value, some organizations adopt the TBL performance evaluation framework, with a focus on social, environmental (or ecological) and financial performance.

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Answers

Answer:

A

Explanation:

A stock has an expected return of 10.2 percent, the risk-free rate is 3.9 percent, and the market risk premium is 7.2 percent. What must the beta of this stock be?

Answers

Answer: The beta of the stock is 1.91

Explanation:

10.2= 3.9 + (7.2 - 3.9)(X)

= 6.3= 3.3x

=. X = 1.91

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Determine the new selling price to break even next round.

Answers

Answer:

$18.80

Explanation:

New selling price = Old selling price - Adjustments

Old selling price = $19.00, Adjustments = 1 quarter of reduced raw material costs difference

New selling price = $19.00 - ($8.13 - $7.33)/4

New selling price = $19.00 - $0.20

New selling price = $18.80

So, the new selling price to break even next round is $18.80.

​Alice, Betty, and Cathy are interested in forming a business venture. Alice is quite wealthy and is ready to contribute money to the venture. Betty has a degree in business from an excellent university, worked for five years as a manager in a major corporation, and currently is a leadership/management consultant. Cathy is a scientist who has developed a process that will, according to her, "revolutionize cancer treatment throughout the world." Alice, Betty, and Cathy believe it is in their best interest to form a general partnership. Do you agree? Is there a more appropriate form of business you might recommend?

Answers

Answer:

I agree with that, because all of them have good bussiness ideas.

Final answer:

Even though a general partnership might work for Alice, Betty, and Cathy, a limited liability company (LLC) or a corporation might be more appropriate due to Alice's wealth, Betty's business knowledge, and Cathy's valuable scientific process. This way, they can better protect their individual assets, as well as the venture's funding and potential expansion.

Explanation:

While a general partnership might seem like a viable solution for Alice, Betty, and Cathy, it may not be the most optimal choice considering their individual circumstances and contributions. In a general partnership, every partner shares liability and financial commitment equally or according to their investment. Although this may initially seem fair, it might put Alice at risk since she's contributing the most financially. Instead, I'd recommend considering a limited liability company (LLC) or corporation.

In an LLC, Alice, Betty, and Cathy can limit their personal liabilities. This would allow Alice to protect her wealth while still contributing to the venture. In a corporation, the company is considered a separate legal entity. This structure can also be beneficial if they plan on seeking outside venture capital or looking into other ambitious expansion.

Remember, the final decision depends on various factors including tax considerations, business goals, and the level of desired legal protection. It is advisable to consult with a business advisor or attorney before deciding.

Learn more about Business Structures here:

brainly.com/question/34616533

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Chun Hei is carrying out a marketing research study. Even after seeking all reasonable available secondary data sources, she has not been able to adequately answer the research questions. In such a situation, Chun Hei must collect ________ data. Multiple Choice cohort syndicated derived primary referential

Answers

Answer:

Primary data

Explanation:

Since the available secondary data are not sufficient for the marketing research study, Chun Hei must collect primary data.

Primary data unlike secondary data are data that were not in existence beforehand. Such a data can not be found in any journals, books, websites or data sites. To get primary data a researcher has to go into the field and they can collect these data through questionnaires, surveys or interviews. Chun Hei will get the information she needs from first hand sources.

Snap On Inc has a beta of 2.67 and the expected market return is 0.19. In addition, Treasury bills (risk-free asset) are currently yielding 0.02. Find the expected return for Snap On Inc.

Answers

Answer: Expected Return = 0.47

Explanation:

Using the CAPM, The Capital Asset Pricing Model formulae , we have that  

Expected Return = Risk Free Rate + Beta(Market Return - Risk Free Rate)

Where

market return is 0.19

 Beta =2.67

risk-free asset= 0.02

Expected Return=0.02 +2.67 X (0.19 - 0.02)

=0.02 +2.67 X (0.17)

0.02 +0.4539

Required Return=0.47

Therefore Expected Return  for Snap On Inc is 0.47
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