Sometimes a company, in its efforts to reduce costs, might also reduce quality. a. What kinds of
Question:
a. What kinds of costs could an organization reduce that would almost automatically lower product/service quality?
b. If quality improvements create cost reductions, why would cost reductions not create quality improvements?
c. Are there instances in which cost reductions would create quality improvements? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
a Reducing spending on quality assurance and inspection programs would automatically lower the avera...View the full answer
Answered By
Nyron Beeput
I am an active educator and professional tutor with substantial experience in Biology and General Science. The past two years I have been tutoring online intensively with high school and college students. I have been teaching for four years and this experience has helped me to hone skills such as patience, dedication and flexibility. I work at the pace of my students and ensure that they understand.
My method of using real life examples that my students can relate to has helped them grasp concepts more readily. I also help students learn how to apply their knowledge and they appreciate that very much.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Cost Accounting Foundations and Evolutions
ISBN: 978-1111626822
8th Edition
Authors: Michael R. Kinney, Cecily A. Raiborn
Question Posted:
Students also viewed these Management Leadership questions
-
What kinds of things could an organization do to better maximize employee-environment fit?
-
To aid in its efforts to get reelected, the current government of a country decides to increase the growth rate of the domestic money supply by two percentage points. The increased growth rate...
-
a particular machine used by a company in its operations The machine is technological in nature and new models are coming out all the time The machine originally cost 80000 and it would cost 140000
-
Thinking Tools Services assembles customized personal computers from generic parts. Formed and operated by part-time SVCI students Paulette Cruz and Maureen Luis, the company has had steady growth...
-
Bradley's Miniature Golf and Driving Range Inc. was opened on March 1 by Bob Dean. These selected events and transactions occurred during March. May 1 Stockholders invested $50,000 cash in the...
-
On January 1, 2014, Alphabet Company leased an office building to Numbers, Inc. The relevant information related to the lease is as follows. 1. The lease arrangement is for 16 years. 2. The leased...
-
Do the assumptions for Bernoulli trials appear to hold? Explain. If the assumptions hold, identify success and the probability of interest. (a) A TV ratings company will use their electronic...
-
This comprehensive review problem requires you to complete the accounting cycle for Sherman Realty twice. This practice set allows you to review Chapters 1-5 while reinforcing the relationships...
-
Anne Askew s interrogations and execution occurred in the reign of which monarch? Why is that detail significant or surprising?
-
A US manufacturer of shoes is interested in estimating the potential attractiveness of China for its products. Identify and discuss the sources and the types of data that the company will need in...
-
Forsythe Furniture has gathered the following data on its quality costs for 2009 and 2010: a. Compute the percentage change in the two quality cost categories from 2009 to 2010. b. Write a brief...
-
By building quality into a process rather than having quality inspections at the end of the process, certain job functions (such as that of quality control inspector) can be eliminated. Additionally,...
-
(a) A 10-mm-diameter Brinell hardness indenter produced an indentation 1.62 mm in diameter in a steel alloy when a load of 500 kg was used. Compute the HB of this material. (b) What will be the...
-
Price elasticity is not just a technical economic concept. It also reflects the distribution of economic powerthe bargaining power and economic opportunities of buyers and sellers. a. When suppliers...
-
What is the difference between strategic opportunism and strategic adaptability? Can you give examples of each? What is the difference between the risks of both? Can you give examples of firms that...
-
Which has greater elasticity: a supply curve that goes through the origin with slope of 1 or a supply curve that goes through the origin with slope of 4?
-
Which of the pairs of goods would you expect to have a greater price elasticity of demand? a. Cars, transportation. b. Housing, leisure travel. c. Rubber during World War II, rubber during the entire...
-
In the discussion of elasticity and raising and lowering prices, the text states that if you have an elastic demand, you should hesitate to raise your price, and that lowering price can possibly...
-
Geometrically, how do joints propagate?
-
Hardin Services Co. experienced the following events in 2016: 1. Provided services on account. 2. Collected cash for accounts receivable. 3. Attempted to collect an account and, when unsuccessful,...
-
Use a surface integral to compute the area of that part of the plane \(a x+b y+c z=d\) corresponding to \(0 \leq x, y \leq 1\).
-
The Princess Corporation grows, processes, packages, and sells three joint apple products: (a) sliced apples that are used in frozen pies, (b) applesauce, and (c) apple juice. The skin of the apple,...
-
The Princess Corporation classifies animal feed as a byproduct. The byproduct is inventoried at its selling price when produced; the net realizable value of the product is used to reduce the joint...
-
In the United States, organ procurement organizations (OPOs), transplant centres, and the medical professions coordinate the organ donation process. The U.S. government pays for this treatment...
-
You observe the price of a latte changes from $4 to $5. Instructions: Round your answer to one decimal place. If you are entering a negative number include a minus sign. a. What is the percentage...
-
Layer 2 switches work at a simple level for communication and switching. With technology advancing and routers being able to make more complex decisions, why is this method still used?
-
Explore the significance of intermedial allusions in multimedia storytelling, such as in graphic novels or hypertext fiction, and their implications for narrative coherence and interpretation.
Study smarter with the SolutionInn App