The model whose goal is to eliminate waste while satisfying the customer and providing a positive return
Question:
A. Total quality management.
B. Managerial accounting.
C. Customer orientation.
D. Continuous improvement.
E. Lean business model.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 78% (19 reviews)
E Lean business model Lean Business model By meeting customer nee...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
A purely competitive firm whose goal is to maximize profit will choose to produce the amount of output at which: a. TR and TC are equal. b. TR exceeds TC by as much as possible. c. TC exceeds TR by...
-
In 2017 a manufacturing company instituted a total quality management (TQM) program producing the report shown below: On the basis of the above report, which one of the following statements is most...
-
Lean concepts such as continuous improvement and waste reduction have long been used by manufacturing companies. Discuss how service firms can apply the same concepts. Why do you think many service...
-
1 Which branch of our government makes our laws? A O All choices Judicial Legislative Executive
-
How is synchronization achieved in GSM? Who is responsible for synchronization and why is it so important?
-
The sugar content of the syrup in canned peaches is normally distributed. A random sample of n = 10 cans yields a sample standard deviation of s = 4.8 milligrams. Find a 95% two-sided confidence...
-
What is the Plug and Chug SDBTF paradigm? What are its origins? Why is it important to get the SDBTF Paradigm corrected in Engineering education?
-
CORPORATE INCOME TAX Stanton Company estimates that its 20-1 income tax will be $80,000. Based on this estimate, it will make four quarterly payments of $20,000 each on April 15, June 15, September...
-
Using the below information, what is the earnings per share? Calculate to two decimal places. Net Credit Sales 500,000 Cost of Goods Sold 300,000 Operating expenses 75,000 interest and other...
-
The terms prior and posterior are relative. Assume that the test in Figure 9.17 (and in the file Bayes Rule for Disease.xlsx) has been performed, and the outcome is positive, which leads to the...
-
Continuous improvement: A.Is a measure of profits. B.Is a measure of costs. C.Rejects the notion of "good enough." D.Is not applicable to most businesses. E.Is possible only in service businesses.
-
The Bubba Corp. had net income before taxes of $200,000 and sales of $2,000,000. If it is in the 50% tax bracket, its after-tax profit margin is: A) 5% B) 12% C) 20% D) 25%
-
The beam \(A B\) will fail if the maximum internal moment at \(D\) reaches \(4.50 \mathrm{kN} \cdot \mathrm{m}\) or the normal force in member \(B C\) becomes \(6 \mathrm{kN}\). Determine the largest...
-
You have come across a number of types of unemployment. Create a table that will show all of the different types of unemployment, their causes and their cures.
-
Using real-world examples, evaluate the effectiveness of supply-side policies in promoting economic growth and economic development.
-
Using real-world examples, discuss the significance of any two of the following as barriers to development: the informal economy, indebtedness, a weak institutional framework, lack of good governance...
-
Using real-world examples, discuss the consequences of a depreciation of a country's currency on inflation, unemployment and the standard of living.
-
Using real-world examples, discuss the strengths and limitations of two different approaches to measuring economic development.
-
Which of the following is NOT the purpose of the binding section of a WSDL document? (a) To indicate the transport protocol of a portType operation. (b) To indicate how the body of a SOAP message is...
-
7. FALSE DILEMMA 8. GANDWAGON Definition: Fallacy example: How to revise argument: Definition: Fallacy example: How to revise argument:
-
XYZ plc is considering purchasing new equipment that would cost 40 million. The expected unlevered cash flows from this investment are 13 million per annum for the next 5 years. The companys stock...
-
In Problem 10-24, how much is it worth to the firm to be able to extend the products life by 3 Years, at a cost of $50,000, at the end of the products initial useful life?
-
Al took a midterm examination in physics and received a score of 65. The mean was 60 and the standard deviation was 20. Bill received a score of 14 in mathematics, where the exam mean was 12 and the...
-
The Graham Telephone Company may invest in new switching equipment. There are three possible outcomes, having net present worth of $6570, $8590, and $9730. The probability of each outcome is 0.3,...
-
A nursing team is having a routine meeting. One of the nurses, Stephen, is at the end of a 12-hour shift, and another nurse, Tanya, is just beginning hers. Tanya is a senior nurse in the unit with...
-
Assume that you are the leadership team of a convenience store chain that has more than 300 outlets. The company is facing an inventory shrinkage problem, and store managers report that the main...
-
1 . An employee at Amy's candles has noticed that some order quantities in the two reports presented are different although the order numbers are the same. We normally refer to such data as dirty....
Study smarter with the SolutionInn App