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a. Organizations have long been focusing on improving their operations so that they can continue enjoying at least the average economic return. Among the initiatives to improve their operations is through quality management approach. The early proponents of quality management have outline the principles of quality management that must be adhered to by the organizations. Propose the principles and quality management and support your answers with relevant examples.
b. Quality Management Systems (QMS) have outlined 10 clauses that must be followed by all ISO management system standards. One of the important aspects of QMS is leadership. ISO 9001:2015 Clause 5.1.1 states that, "Top management shall demonstrate leadership and commitment with respect to the quality management system". Explain the clause and suggest what should be done by the top management in effectively executing their roles and responsibilities pertaining to QMS. Support your answers with relevant examples.
hypothetical national income statistics for a country.percentage change unless indicated
Grocery stores and gas stations in large cities would appear to be examples of near-perfectly competitive markets because there are numerous small sellers, each seller is a price taker, and the products are quite similar. Do you agree with this st..
chrissy purchases food f and other goods y and has the utility function ufy-fy with mufy and muyf. her income is 12.
A firm that is a natural monopoly Answer has very small fixed costs and very large marginal costs. can supply the entire market at a lower average total cost than two or more firms. cannot make an economic profit if it is not regulated.
Describe contractionary fiscal policy?
Let A[1..n] be an array such that the first n-n√ elementsare already sorted (though we know nothing about the remainingelements).Give an algorithm that sorts A in substantially better thannlogn steps.
Suppose we want to compare the effect of a tax cut in the economy given in the first problem to the effect of the same size tax cut on an economy with a MPC of 0.8. If everything else about these two economies is the same (except for their MPCs),..
Describe one major structure from above that is the most fascinating and explain why. In your explanation makes sure to describe the structure and explain why the Romans built it or anything else that is descriptive about the structure.
What are the economic and fiscal costs of corruption in a country?
A profit-maximizing firm in a competitive market is currently producing 100 units of output. It has average revenue of $10, average total cost of $8, and fixed costs of $200.
Explain why the company will make a higher profit with this method than if the bundled package option were not offered.
Would the following events usually lead to capital deepening? Why or why not? a. A weak economy in which businesses become reluctant to make long-term investments in physical capital.
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