David is acting as a dual agent here.
A dual agent is a person who represents the both buyer as well as the seller in any transaction. Dual agents and designated agents are generally confused. However unlike a dual agent assigned agents are those two individuals who represent the buyer and the seller separately.
The assigned agents may also work for the same brokerage firm.
With the assigned agents one can also rest assured that someone is looking out for the best interests. As a result of this many buyers and sellers choose to work with a specific agent in order to ensure that their realtor is an actively looking person for their best interests.
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Growth is the key to better consumption possibilities and one important key to better consumption possibilities is:_______
Growth exists the key to better consumption possibilities and one essential key to better consumption possibilities is Trade .
What is meant by Trade?
Trade is characterized as the act of trading items, the marketplace where people purchase and sell products, or a means of generating income. The trade in tea, which involves importing tea from China and buying it in the US, is an illustration of trade. Working in sales is an example of trade.
To eradicate poverty worldwide, trade is essential. Open economies tend to develop more quickly, innovate, increase productivity, and give their citizens more chances and higher incomes. By providing consumers with more cheap goods and services, open trade also benefits households with lower incomes.
Customers can choose what they want to buy. Their financial situation and the cost of goods and services will influence their decision-making. Budget line displays different product combinations that can be bought using a certain amount of money and knowledge of the pricing of the products.
Hence, Growth exists the key to better consumption possibilities and one essential key to better consumption possibilities is Trade .
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Costs of assets acquired in one period that will be recorded as expense in a future period are referred to as ______ and are initially recorded as _____. multiple choice question.
Costs of assets acquired in one period that will be recorded as expense in a future period are referred to as prepaid expenses and are initially recorded as assets
What are prepaid expenses?
Prepaid expenses relate to expenses paid for in advance of incurring the expenses, it is initially treated as an asset because the paying entity has the has a claim to the cash paid earlier if the no performance takes place.
In other words, prepaid expenses are assets in the period when payment is made and becomes an expense when the assets have been consumed in a future period, prior to the time payment is incurred as an expense, the company that has made such payment would record as an asset whereas it is a liability to the company that has received payment in advance
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What is the dollar value of the total surplus (= producer surplus consumer surplus) when the allocatively efficient output level is produced?
The dollar value of the total surplus (producer surplus plus consumer surplus) when the allocatively efficient output level Q1 is being produced is to calculate total surplus, we use the following formula for the area of a triangle:
Area = ½ × Base × Height.
The area between the demand curve and the supply curve for the quantity ranging from 0 to 20 is the total economic surplus.
This is a triangle with a base that is the price difference at Q = 0, of points a and c (110 - 10), and a height of 20 (the number of units purchased in equilibrium).
Using these values, we have a total surplus of $1000. The consumer surplus is the area between the demand curve and the equilibrium price line.
Here we have a base that is the price difference between the demand schedule price at Q = 0, which is $110, and the equilibrium price of $50.
The height of the triangle is once again 20 (the number of units purchased in equilibrium). Using these values, we have a consumer surplus of $600.
What is a consumer surplus?Consumers surplus is a measure of consumer welfare. Consumers surplus means the excess of social valuation of product over the price actually paid. Consumers surplus is determined by the area of a triangle below a demand curve and above the observed price.
Therefore, the dollar value of the total surplus is $600.
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The regulatory agency that oversees export controls related to commercial and dual-use items is?
The regulatory agency that oversees export controls related to commercial and dual-use items is called The Bureau of Industry and Security (BIS).
What is the Bureau of Industry and Security (BIS)?
The United States Department of Commerce's Bureau of Industry and Security (BIS) handles matters relating to high technology and national security. Aiding in the prevention of the spread of WMDs while promoting the expansion of US exports is one of the bureau's main objectives.
The Bureau of Industry and Security (BIS) promotes ongoing U.S. leadership in strategic technologies while advancing the national security, foreign policy, and economic goals of the country. It does this by ensuring an efficient export control and treaty compliance system.
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A wealthy individual has set up a grat. should she die during the time the trust is active, how are the remaining assets in the trust taxed?
A wealthy individual has set up a grat. should she die during the time the trust is active, the original value plus any appreciation is taxed as part of the grantor's estate.
Taxes are mandatory contributions levied on individuals or groups through a central authority entity—whether or not neighborhood, local, or countrywide. Tax sales finance authorities sports, together with public works and offerings which includes roads and colleges, or programs including Social security and Medicare.
A tax is a mandatory fee or financial rate levied by using any authority on a man or woman or a company to accumulate revenue for public works supplying quality facilities and infrastructure. The amassed fund is then used to fund different public expenditure applications.
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Entrepreneurs who have engaged in years of deliberate practice tend to have ______.
Most of the entrepreneurs who have engaged in years of deliberate practice tend to have a higher sense of intuition.
Who are the entrepreneurs?This refers to the individual that starts and runs a business with limited resources, planning and responsible for all the risks & rewards of their business venture. Their business idea usually entails a new product or service rather than an existing business model.
It is not a rocket science that an entrepreneurs with professional experience are better critical thinkers. No matter what work they do or happen, they are being able to analyze things critically till the point of their favors.
Hence, a higher sense of intuition is important for an entrepreneur because it allows swift decision making. Even, when people allow intuition to be part of their decision-making process, they experience less regret and feel less conflicted when they make important decisions
In conclusion, the entrepreneurs who have engaged in years of deliberate practice tend to have a higher sense of intuition.
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What kind of economic system has the same wages for workers regardless of individual productivity?
Command and socialist economic system has the same wages for workers regardless of individual productivity.
Command economic system has majority of the production factors which are are held by the government. The economy is managed by central planners. A historical example is the manor life in mediaeval Europe. Land and security were given by the manor lords. According to the orders of the lords, the vassals performed tasks as servants or soldiers. The government controls production, prices, and distribution in the contemporary command economy.
Socialist system has the majority of the production factors, including land and capital goods, are owned and under the jurisdiction of the state. Additionally, the state uses central planning. The state maintains centralised control over the production of products and services, as well as their prices and distribution. In a nation with a strictly socialist economic system, people will struggle to launch a firm.
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The trait of flexibility is especially important for leadership because it facilitates a leader's ability to adapt to various leadership situations. false true
The answer is true. Flexibility is a quality that is extremely valuable for leaders since it makes it easier for them to respond to different leadership scenarios.
Why is adaptability crucial in leadership?In a social and economic context that is changing quickly, flexibility is becoming an increasingly crucial quality. Flexible leaders are individuals that are able to alter their leadership style or strategy in response to unforeseen or unclear events. Flexible leaders can also respond to changes as they occur.
It is a philosophy of strategic leadership that highlights the need to impact important factors that affect a company's ability to succeed financially, including efficiency, inventive adaptability, and human capital. Task, relationship, and change-oriented leadership behaviours are one way to exert influence.
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An economist is interested in predicting the unemployment rate based on gross domestic product. Since the economist is interested in predicting unemployment, the independent variable is gross domestic product. True or false?.
The answer is true, because it is one of the most common indicators used to track the health of a country's economy. The calculation of a country's GDP takes into account a number of different factors about that country's economy, including its consumption and investment.
Gross domestic product (GDP) is the total monetary or market value of all finished goods and services produced within national borders within a certain period of time. As a broad measure of overall domestic production, it serves as a comprehensive scorecard of a particular country's economic health. GDP is perhaps one of the most closely watched and important economic indicators for economists and investors as it is a representation of the total dollar value of all goods and services produced by the economy over a given period of time.
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Manufacturers of high-quality tools often offer a full _____ guarantee on their tools for as long as the buyer owns and uses them.
Manufacturers of high-quality tools often offer a full lifetime guarantee on their tools for as long as the buyer owns and uses them.
What is the meaning of lifetime warranty?A lifetime warranty is known to be a term that connote the life of a given product.
If a manufacturer stops making any kind of replacement parts, the product is one that will still be in use but the warranty is said to ends.
A full lifetime warranty mean is known to be a term that connote a warranty against any form of defects in regards to the materials and workmanship that has been put into the product and this is one that is place a lot on high-quality tools.
Therefore, Manufacturers of high-quality tools often offer a full lifetime guarantee on their tools for as long as the buyer owns and uses them.
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Abc, inc.'s income statement shows service revenue of $40,000, wages expense of $25,000 and net income of $1,000. the other expenses on abc's income statement must equal ______.
Abc, inc.'s income statement shows service revenue of $40,000, wages expense of $25,000 and net income of $1,000. the other expenses on abc's income statement must equal to $14,000.
What is income statement?
One of the most often and important financial statements you're likely to see is an income statement. Income statements, sometimes referred to as profit and loss (P&L) statements, include the cumulative effect of revenue, gain, expense, and loss transactions and include a summary of all income and expenses for a specific period.
Therefore,
Abc, inc.'s income statement shows service revenue of $40,000, wages expense of $25,000 and net income of $1,000. the other expenses on abc's income statement must equal to $14,000.
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If motorcycle producers adhered to teh solowgrowth model, which items would they view as importantto econmoic growth?
If motorcycle producers adhered to the Solow growth model. All of these are important for economic growth under the Solow model. Note that technological progress represents the time and knowledge in this case which continues to be constant in the model. Tools assembly line robots and warehouses are actually factors of production and are essential for economic growth.
A standard definition of economics might describe it as a social science focused on the satisfaction of needs and desires through the allocation of scarce resources with alternative uses. societies, governments, businesses, and individuals.
A product is an item offered for sale. Products are services or items. It can be in physical or virtual or cyber forms. All products are made at a price and sold at a price. The price that can be calculated depends on the market, quality, marketing, and target segment. A product is an item or service that you sell to satisfy a customer's needs or desires. they are physical or virtual. Physical products include durable goods (such as cars, furniture, and computers) and consumables (such as food and beverages).
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The accounting concept/principle beinga ppled when an ajustment is made is usually?
The accounting concept/principle being applied when an adjustment is made is usually matching revenue and expense. The matching principle, which states that expenses should be recorded in the same accounting period as revenue connected to those expenses, can be adhered to by making adjusting entries.
The Matching Principle's advantagesThe accrual accounting method's matching concept contributes to a more accurate depiction of a company's operations on the income statement.
Investors often prefer a normalized income statement that is smooth and continuous rather than a lumpy one that is disjointed. Investors have a better understanding of the real economics of the company by combining them.
However, it should be noted that it's crucial to consider both the income statement and the cash flow statement.
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By bundling share purchases of many investors together mutual funds can take advantage of economies of scale and thereby lower.
By combining the share purchases of several investors, mutual funds can benefit from economies of scale and cut their transaction costs.
A mutual fund is a business that collects money from many different sources and uses it to buy securities like stocks, bonds, and short-term loans. A mutual fund's holdings are collectively referred to as its portfolio. Shares in mutual funds are purchased by investors.
The phenomenon known as economies of scale occurs when the average cost per unit of output falls as the scale or volume of an organization's output rises.
Therefore, per-unit fixed cost is decreased. The fixed cost is distributed over greater output as a result of higher production than it was previously. Variable costs per unit are decreased. This happens as the production process's efficiency rises due to the increased size of the output.
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Valley markets has an inventory turnover of 3.2 and a capital intensity ratio of 1.9. what are the days in inventory for valley markets?
The days in inventory for valley markets is 114
How to calculate the days in inventory for valley markets ?Inventory can be described as a list of available materials that a business has in stock within a paticular or specified period of time. Inventory help businesses to know the number of goods that are available to customers.
Valley markets has an inventory turnover of 3.2
The capital intensity ratio is 1.9
There are 365 days in a year, the days in inventory for valley markets can be calculated by dividing 365 by the inventory turnover which is 3.2
= 365/3.2
= 114
Hence the days in inventory for valley markets is 114
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People often complain about price gouging after a natural disaster. Suppose the government imposed limitations on price increases in the aftermath of a disaster. One would expect.
People usually complain about price gouging after a natural disaster. If the government implements some limitations on prices one would expect reconstruction to take longer because the quantity supplied of new materials would increase more slowly.
Price gouging is the practice of businesses charging inflated prices for needs in response to sudden increases in demand, frequently following a natural catastrophe or another state of emergency.
Natural disasters, also known as natural hazards, are severe, unexpected occurrences that are brought on by environmental elements such as storms, floods, droughts, fires, and heat waves. Natural catastrophes are occurring more frequently, with a wider reach, and with more consequences.
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Since budgeting is a financial function and mostly an analytical and quantitative exercise, it generally has no impact on human behavior, motivation and decision making. true false
Since budgeting is a financial function and mostly an analytical and quantitative exercise, it generally has no impact on human behavior, motivation and decision making. This is false.
What is budgeting?The process of making a spending plan is known as budgeting. Budget refers to this plan for spending money. By making this spending plan, you can predict whether you will have enough money to take care of the things you need to or want to do.
It should be noted that budgeting is a financial function and mostly an analytical and quantitative exercise, it generally has impact on human behavior, motivation and decision making. Budgeting is important in our lives.
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After deciding which projects to pursue, organizations need to decide if it is advantageous to manage several projects together as part of a(n) ____.
The organization's priorities and character are just two of the many elements that affect project choice. Cost/Benefit Ratio, Payback Period, Net Present Value, Discounted Cash Flow, Internal Rate of Return, and Opportunity Cost are a few examples of financial criteria for choosing projects.
We have defined three project management competency areas based on our research: knowledge, demonstrated experience, and personality. Each competency area is structured upon a set of fundamental principles.
If innovation is necessary for success, a project manager's most crucial responsibility is to foster an environment in which the team may innovate. To achieve this, maintain open lines of communication with the team and key stakeholders, concentrate on finding solutions to issues, and allow for failure.
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What is the yield on a 5-year zero-coupon bond with a par value of $1,000 if it is purchased for $750?
The yield on a 5-year zero-coupon bond with a par value of $1,000 if it is purchased for $750 is 6%
ExplanationZero Coupon Bond Yield = [tex]\frac{F}{PV} ^\frac{1}{n} - 1[/tex]
where, F = Face value = 1000
PV = present value = 750
n = number of periods = 5
Now applying the given data on the formula we get,
Yield = [[tex](\frac{1000}{750} )^\frac{1}{5} - 1[/tex]
= [tex](\frac{4}{3} )^\frac{1}{5} - 1[/tex]
= [tex]\sqrt[5]{\frac{4}{3}} - 1[/tex]
= 0.05922
= 5.922% ≈ 6%
What is a zero-coupon bond?A zero-coupon bond, also known as an accrual bond, is a debt product that doesn't pay interest but trades at a considerable discount, producing income when the bond expires and is redeemed for its full face value.
Some bonds are initially issued as zero-coupon instruments, whereas other bonds are first detached from their coupons and then repackaged as zero-coupon bonds. Due to the fact that they offer the whole payment at maturity, zero-coupon bonds' prices vary far more than coupon bonds' do.
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Suppose the price elasticity of demand for beef is about 1.2. other things equal, this means that a 15 percent increase in the price of beef will cause the quantity of beef demanded to?
Price elasticity of demand is the ratio of the change in a product's quantity demanded to the change in its price.
Price elasticity of demand is equal to the product of the quantity sought and the price change.Price Elasticity Moderation.
Other else being equal, if the price elasticity of demand for beef is roughly 0.8, this means that a 15% rise in the price of beef will result in a 12% drop in the quantity required, or;
0.8=% Change in Requirement Quantity / 15Demand quantity change = 0.8 x 15=12%A good's price elasticity of demand is a measure of how sensitive the quantity demanded is to its price. When the price rises, quantity demanded falls for almost any good, but it falls more for some than for others.
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Owned by stockholders whose liability is limited to the amount they have invested in the business.
Owned by stockholders whose liability is limited to the amount they have invested in the business Corporation.
What is business corporation?
A corporation is a collection of people or a business that has been given legal status as a single entity by the state and is used for specific legal purposes. Early corporations were created with a charter. The majority of governments currently permit the registration of new corporations.
therefore,
Owned by stockholders whose liability is limited to the amount they have invested in the business Corporation.
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When a company such as best buy provides a loyal customer with a relevant coupon, based on previous purchases through his or her mobile phone, while the customer is in the store, this is an example of:_________
When a company such as best buy provides a loyal customer with a relevant coupon, based on previous purchases through his or her mobile phone, while the customer is in the store, this is an example of: experiencing the product or service.
Who is a loyal customer?
A loyal customer can be defined as those customers that often buys product from a particular person and those not buy from any other person else. This type of customers are often loyal to the core.
Product or services experience is important as it enables customers to remain loyal to the company based on the quality of service the customer enjoy and the value the company add to the customers.
Therefore this is an example of: experiencing the product or service.
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Which of the following describes what is identified by a supply schedule?
a How much suppliers will profit at various prices
b How much consumers will save at various supply levels
c How much suppliers will raise prices as production varies
d How much of a product suppliers will produce at various prices
What is identified in a supply schedule is how much of a product suppliers will produce at various prices (option D).
What is a supply schedule?A supply schedule is a table that shows the price and quantity supplied of suppliers. It shows the total number of goods that would be supplied at various prices.
There is a positive relationship between price and the quantity supplied. This is because as price increases, there would be an increase in the quantity supplied. When price declines, there would be a decrease in the quantity supplied. This explains why the supply curve is positively sloped.
The supply schedule can be an individual schedule or a market schedule. When its an individual schedule, it contains information on only one supplier. If it is a market schedule, it aggregates the information of all the suppliers in the market.
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Accrued expenses are expenses incurred that are not yet paid or recorded. An adjusting entry made to record an accrued expense.
Unpaid or unrecorded charges are referred to as accrued expenses. An adjusting entry is one that reduces income and increases liabilities by recording an incurred expense.
An expense that is recorded on the books before it has been paid is referred to as an accumulated expense, also known as accrued liabilities. An estimated expense may not match the supplier's invoice, which will arrive at a later time. According to the accrual method of accounting, costs are recorded as incurred rather than as paid when they are actually incurred.
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Which of the following is the goal of the finance department?
Determining the use of company resources and funds
Determining the use of company resources and funds
Producing goods in the most efficient and cost-effective manner
Producing goods in the most efficient and cost-effective manner
Setting prices high enough to make profit but low enough to attract customers
Setting prices high enough to make profit but low enough to attract customers
Motivating employees and focusing on cooperation within the business
Motivating employees and focusing on cooperation within the business
Option D) Determining the use of company resources and funds, is the goal of the finance department.
The number one motive of a marketing strategy is to establish your plans for the future. those plans ought to consist of goals or milestones alongside specified steps of the way your business enterprise will reach every step. The process of making a roadmap to our dreams will help us determine your business consciousness and pursue an increase.
The intention of finance department management is to maximize shareholder wealth. For public companies that is the inventory rate, and for personal corporations that is the market value of the owner's equity.
The primary cause of writing a marketing strategy is to test the viability of the commercial enterprise concept and set a direction for the entrepreneur to observe. A marketing strategy permits bank loans and traders to gain a perception of the business idea and determine the economic necessities
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Disclaimer:- your question is incomplete, please see below for the complete question.
A) Setting prices high enough to make a profit but low enough or attract customers.
B) Motivating employees and focusing on cooperation within the business.
C) Producing goods in the most efficient and cost-effective manner.
D) Determining the use of company resources and funds.
Rachel works for a furniture company in ireland. she is responsible for buying and selling goods at a profit to small retailers. rachel most likely operates in a ________ market.
Rachel very certainly serves a RESELLER market.
A reseller is what?
In the retail industry as well as the broader economy, resellers are essential since they operate as the middleman between producers and customers. Although resellers are in the business of making a profit, they also assist with product distribution, offer storage, and learn about client preferences.
A reseller buys goods with the intention of later reselling them for a profit. Resellers frequently earn discounts because they buy products and services in bulk from manufacturers. By reselling, resellers then establish a connection between producers and consumers and deliver goods and services to final customers. By reducing the cost of promoting and selling their goods, these experts help manufacturers save time, money, and effort.
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Which financial shenanigan was worldcom guilty of in the early 21st century? multiple choice question. understating profits special purpose entities to move debt overstating profits imaginary accounts
Which financial shenanigan was WorldCom guilty of in the early 21st century - Overestimating profits
Financial Shenanigan
A sizable number of financial scams at firms like Tyco, WorldCom, and Enron were made public in the United States in 2001 and 2002. Senior executives in the Enron and WorldCom trials were found guilty and given prison sentences for lying to investors and employees. Due to the wave of corporate shenanigans that took place at this time, the Sarbanes-Oxley Act, which introduced new and better rules for all boards, management, and public accounting firms of U.S. public businesses, was approved in July 2002. One goal of this regulation was to make it simpler for auditors to detect inventive accounting problems as they were previously ignorant of reporting manipulations.
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The market interest rate related to a bond is also called the? a.face interest rate. b.contract rate. c.coupon rate. d.effective interest rate.
The contract rate is another name for the market interest rate associated with a bond.
The current interest rate provided on cash deposits is known as the market interest rate. This rate is affected by a number of variables, including as the interest rates set by the central bank, the inflow and outflow of capital, the quantity and length of deposits, and the duration of deposits. The cost-benefit ratio of the instrument was determined by the market rate, which is the rate of interest on a loan or investment that is typically offered on the market for that product. The market rate for a loan is the typical interest rate that will be assessed to the recipient by a number of lenders.
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Dr. gonzalez is collecting a detailed account of one of his clients. which research method is dr. gonzalez using?
Dr. gonzalez is collecting a detailed account of one of his clients. which research method is dr. gonzalez using was Convergent validity
The new scale's convergent validity assesses how well it correlates with other variables and measures of the same construct. The construct should not only be correlated with similar, related factors, but also with dissimilar, unrelated ones.
What is Convergent validity ?Convergent validity describes how strongly responses on one test or instrument correlate with those on conceptually related tests or instruments. Construct validity has two facets, the other of which is discriminant validity. likewise known as congruent validity.
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Tqm stands for? total quality management. transforming quality management. total quality manipulation. thomas quinn mann, a famous data quality innovator.
TQM stands for Total quality management.
TQM (Total Quality Management) is a management framework. It is a belief that an organization can build a long-term success. With all the members, from lower level workers to the higher level workers. They mainly focus on improving quality and thus, delivering customer satisfaction. Total Quality Management mainly requires organizations to focus on their continuous improvement. Their main focus in on improving long term, rather than simply emphasizing short term financial goals.
Total quality management have a main objective to eliminate waste and increase efficiency and ensure that the production process of the organization's product (or service) is done right the first time.
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