You are leading a business improvement team and you are mandated to come up with a feasible concept of your choice prior embarking on the process of entrenching continuous improvement in your operation. You convince the executive management about workplace visual controls and the process of conducting them in the form of 6 S. Illustrate and outline with practical how you will apply 6S in your operation.

Implement a formal risk management framework, including identification, assessment, and mitigation of risks, to enhance the organization's governance and control effectiveness.

Management refers to the process of planning, organizing, coordinating, and controlling resources and activities within an organization to achieve specific goals and objectives. It involves making decisions, setting priorities, allocating resources, and directing people to effectively utilize resources and achieve desired outcomes. Managers play a crucial role in guiding and supervising individuals and teams, facilitating communication, fostering collaboration, and ensuring efficient operations. Key functions of management include strategic planning, decision-making, organizing, staffing, directing, and controlling. Effective management practices promote productivity, efficiency, and growth, while also addressing challenges, mitigating risks, and adapting to changing circumstances in the business environment.

Learn more about Management here;

https://brainly.com/question/1276995

#SPJ11

The majority of managerial leaders are change agents. false: Managerial leadership assumes that the department's or organization's goals are stable and in line with the outside world.

Transformational leadership, on the other hand, assumes that the organization's current direction is out of sync and needs to change.

When it comes to managing change and altering a company's culture, what role does a leader play?

The culture of a company is greatly influenced by its leaders. They manage, lead, set the agenda, prioritize work, and delegate. The people they lead benefit from strong leaders' vision, sense of purpose, mentorship, and motivation. The definition of personal and professional success is changing as a result of today's diverse workforce.

Learn more about managerial leaders here:

https://brainly.com/question/25927714

#SPJ4

Answer:

139.56

Explanation:

The flat tax rate is at 3.4 %, which is 0.034

Grayson earns $49,255 but is paid monthly. His monthly is $49,255 divided by 12

=$49,255 / 12

=$4,104.5833

The tax per period will be 3.4% or 0.034 of $4,104.5833

=0.034 x $4, 104.58

=$139.55583

=$139.56

Answer: Definitely, the larger the market, the larger the demand, the higher the profit. In some cases where the market is large, the producers may not meet up on some occasions, this make other producers to actually increase their profit margin based on they have to increase production.

Explanation:

Industries have their various activities, competition, customers (both prospective and existing). A growth in industry would mean that there is a larger demand for what is been sold in that industry, and when the demand is high, their would be lack, which would create that gap and allow marketers or producers get more profit, based on the high demand now. Definitely, the larger the market, the larger the demand, the higher the profit. In some cases where the market is large, the producers may not meet up on some occasions, this make other producers to actually increase their profit margin based on they have to increase production.

Answer:True

Explanation: when firms make price changes carefully and only if others follow their lead, it can help prevent a price war.

1) Prepare income statements for 2019, 2020, and the two years combined using variable costing and absorption costing.

2) Calculate the breakeven point under variable costing and absorption costing.

3) Determine the inventory costs on December 31, 2019, and 2020 under each costing method.

4) Evaluate which costing method the manager of Z-Var would prefer based on reported operating income.

To complete these tasks in Excel, you can follow these steps:

1) Prepare income statements: Create a table in Excel with columns for Sales, Variable Costs, Fixed Manufacturing Costs, Fixed Operating Costs, and Net Income. Calculate the values for each year using the given data and formulas specific to variable costing and absorption costing. Add an additional column for the two years combined by summing the values for each category.

2) Breakeven point: Calculate the breakeven point under variable costing by dividing the total fixed costs by the contribution margin per unit (Selling Price - Variable Costs). For absorption costing, divide the total fixed costs by the contribution margin ratio (Fixed Manufacturing Costs / Sales).

3) Inventory costs: Calculate the inventory costs carried on December 31, 2019, and 2020. Under variable costing, only variable manufacturing costs are included in the inventory value. Under absorption costing, both variable and fixed manufacturing costs are included.

4) Manager's preference: The manager would likely prefer absorption costing as it assigns fixed manufacturing costs to each unit of production, resulting in higher reported operating income. This is because absorption costing spreads fixed costs over a larger number of units, reducing the per-unit cost and increasing reported profitability. Variable costing, on the other hand, treats fixed manufacturing costs as period expenses, resulting in lower reported operating income.

By completing these steps in Excel, you will be able to prepare income statements, determine the breakeven point, calculate inventory costs, and analyze the manager's preference based on the costing methods used.

Learn more about costing method here:

https://brainly.com/question/29839795

#SPJ11

The journey of the iPhone from designing at apple to retail stores includes sending the design to the manufacturing unit where the materials are selected, then these material is arranged based on the design then polishing and finishing took place, and at last shipped to different countries' outlets.

An iPhone is the latest smart device introduced by the organization named apple with unique features of advanced technology. This phone provides the features of a computer in the phone itself.

The journey of the iPhone from design at apple to retail store shelf includes-

Learn more about Apple Iphone, here:

https://brainly.com/question/1836829

#SPJ1

In analyzing a company’s financial statements, The Balance Sheet financial statement is what a potential investor will primarily use to assess the company’s liquidity and financial flexibility

This is further explained below.

Generally, When doing an analysis of a firm's financial statements, a prospective investor will largely refer to the Balance Sheet financial statement in order to determine the level of liquidity and financial flexibility possessed by the company.

In conclusion, Whether it's a single proprietorship, commercial partnership, a corporation, a private limited company, or another organization like the government or a not-for-profit institution, a balance sheet is a statement of the balances of a person or organization.

Read more about the Balance Sheet

https://brainly.com/question/22988522

#SPJ1

The given statement is False. The statement "decide to seriously evaluate the potential for macro level intervention" is not the first substep in Step 1 of the PREPARE process.

The correct first substep in Step 1 is "define the problem and establish the need for action." In the PREPARE process, macro-level intervention refers to actions taken at a larger, systemic level to address a problem or issue. Before deciding to evaluate the potential for macro-level intervention, it is essential to first define and understand the problem, including its scope and severity, and assess the need for action. This includes identifying who is affected by the problem and how it impacts them, as well as understanding any underlying causes or contributing factors. Once the problem has been defined, the next substeps in Step 1 of the PREPARE process include conducting a situational analysis, which involves gathering data and information on the problem, and then prioritizing the problem based on its urgency and importance. Only after these substeps have been completed should one decide whether macro-level intervention is necessary and what specific interventions may be most effective. In conclusion, the first substep in Step 1 of the PREPARE process is to define the problem and establish the need for action, which is critical for ensuring that any subsequent actions taken are well-informed and effective.

Learn more about macro-level intervention here:

https://brainly.com/question/31497521

#SPJ11

True. In the PREPARE process, the first step is "Decide to seriously evaluate the potential for macro-level intervention." This involves considering the broader context and determining if an intervention at a larger scale would be beneficial for addressing the issue at hand.

The first step in the PREPARE process is to "Define the problem and establish a team." The team is responsible for identifying the problem and determining whether a macro-level intervention is necessary.

Once the team has identified the problem, they can move on to step 2, which is to "Decide to seriously evaluate the potential for macro-level intervention."

This step involves deciding whether a macro-level intervention is necessary or whether other solutions can be implemented at a smaller scale.

Therefore, the statement in the question is not accurate as it swaps the order of these two substeps.

To learn more about “macro-level” refer to the https://brainly.com/question/3558688

#SPJ11

Answer:

Career in the "normal sense" would mean a job that you decided to focus on, in one specific industry. an occupation undertaken for a significant period of a person's life and with opportunities for progress.

Explanation:

the only other way career might be used, would be to tell someone, that a car began to "move swiftly and in an uncontrolled way in a specified direction." (in layman's terms career is a job that you've decided you want to do for a long time.)

Answer: Hello!

The most common forms of business enterprises in use in the United States are the sole proprietorship, general partnership, limited liability company (LLC), and corporation.

Explanation:

You Can Give the other person brainest..

-Anna♥

Soil erosion can pollute the water bodies.The effects of soil erosion are greater than the loss of fertile soil.

What is Soil Erosion?

Soil erosion is the denudation of the top layer of soil. It is a form of soil erosion. This process is the result of the dynamic activity of living things, namely, water, ice, ice, wind, plants, and animals.

It has led to an increase in pollution and soil pollution in rivers and streams, closing these waterways and causing depletion of fish and other species.

Thus, Option 1 is the correct statement.

To learn more about soil erosion , refer:

https://brainly.com/question/17905503

#SPJ2

If the bond credit rating changes to A-/A-, and the new yield to maturity becomes 8.2%, then the price of the bond will be $635.21.

To calculate the price of the bond after the credit rating change, we'll use the updated yield to maturity of 8.2%. The bond details remain the same:

Par value (PV) = $1000

Coupon rate (C) = 8% (semi-annual)

Yield to maturity (YTM) = 8.2% (semi-annual)

Years to maturity (n) = 5 (semi-annual)

To calculate the price of the bond, we can use the present value of the bond's cash flows:

Price = (C / 2) * [1 - (1 / (1 + YTM/2)ⁿ] + PV / (1 + YTM/2)ⁿ

Let's calculate the price of the bond after the credit rating change:

Price = (40 / 2) * [1 - (1 / (1 + 0.082/2)¹⁰)] + 1000 / (1 + 0.082/2)¹⁰

Price = 20 * [1 - (1 / (1.041)¹⁰)] + 1000 / (1.041)¹⁰

Price = 20 * (1 - 0.598799) + 1000 / 1.593848

Price = 20 * 0.401201 + 627.19

Price = 8.02402 + 627.19

Price = $635.21402

Therefore, after the credit rating change, the price of the bond would be approximately $635.21.

To know more about credit rating, visit https://brainly.com/question/29481760

#SPJ11

Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing

The merger between a US-based company and a French National conglomerate can pose several challenges from an accounting standpoint due to the differences between International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). Some of the challenges they may face include:

Accounting Principles: IFRS and GAAP have different underlying principles and concepts. IFRS is principles-based, emphasizing substance over form, while GAAP is rules-based, providing specific guidelines for various transactions. The differences in accounting principles can lead to variations in the recognition, measurement, and presentation of financial information.

Financial Statement Presentation: IFRS and GAAP have different requirements for financial statement presentation. The formats and classifications of items on the balance sheet, income statement, and cash flow statement may vary between the two sets of standards. This can make the comparison and consolidation of financial statements challenging.

Revenue Recognition: IFRS and GAAP have differing guidance on revenue recognition, particularly in areas such as the timing of revenue recognition, multiple-element arrangements, and percentage-of-completion method for long-term contracts. Aligning the revenue recognition policies of the merging entities can be a complex task.

Valuation of Assets and Liabilities: IFRS and GAAP may have different rules for the valuation of assets and liabilities, such as inventory, property, plant, and equipment, intangible assets, and financial instruments. Differences in valuation methodologies can impact the reported values of assets and liabilities, which can have implications for financial ratios, financial performance, and tax implications.

Business Combinations and Goodwill: IFRS and GAAP have different requirements for accounting for business combinations and the subsequent treatment of goodwill. For example, IFRS allows for the option of measuring goodwill at cost or using the impairment model, while GAAP follows a more strict impairment-only model. This can result in differences in the recognition and measurement of goodwill and the related impact on financial statements.

Disclosures: IFRS and GAAP have varying disclosure requirements, with differences in the level of detail and specific disclosures mandated for certain transactions and events. Harmonizing the disclosure requirements can be a complex task to ensure compliance with both sets of standards.

These are just a few examples of the challenges that may arise during the merger process from an accounting standpoint. It is crucial for the merging entities to have a thorough understanding of the differences between IFRS and GAAP and work closely with accounting professionals and advisors to address these challenges effectively and ensure accurate financial reporting and compliance with relevant regulations.

To know more about GAAP here

https://brainly.com/question/28345482

#SPJ11

The bear markets and recessions go together because if there is the time of bear markets there is fall in the value of stocks and if the value of stock falls the recession period occurs.

Bear markets are called as the long periods in which there are only fall in the stock values, that are mostly started by 20 percentage fall in the price of the stocks from recent highs.

Bear markets are oftentimes linked with the economic recession or the economic downfall and high rate of unemployment, but they can also be excellent purchasing opportunities when prices are low.

Bear markets and recessions are linked because when bear markets occur, the value of stocks falls, and when the value of stocks declines, a recession period develops.

Learn more about the bear market, refer to:

https://brainly.com/question/14247476

#SPJ1

The amount and character of the gain or loss for Bob on the equipment are as follows: To find the amount and character of the gain or loss for Bob on the equipment, you need to consider the equipment's carrying value.

To determine the carrying value, subtract the total depreciation expense claimed from the original cost of the equipment.$55,000 - $12,500 = $42,500.

The equipment's carrying value is $42,500. Since Bob sold the equipment for $50,000, there is a gain. The gain can be calculated by subtracting the carrying value from the selling price:$50,000 - $42,500 = $7,500. Therefore, Bob has a gain of $7,500 on the sale of the equipment.

To learn more about carrying value, visit here

https://brainly.com/question/27300660

#SPJ11

To solve the LP model, I would need the actual values for the coefficients and constraints of the problem. Unfortunately, the specific values are not provided in the given information.

To solve the LP model in AMPL, you can follow these steps:

1. Define the decision variables, objective function, and constraints in the AMPL model file.

2. Specify the data for the coefficients and constraints.

3. Use the appropriate solver command in AMPL to solve the LP model.

4. Retrieve the solution, including the values of the decision variables and the optimal objective value.

Without the specific values for the coefficients and constraints, I am unable to provide the exact solution. However, by following the steps above and inputting the actual data into the model, you can obtain the optimal production schedule and daily profit using AMPL.

To know more about LP model :https://brainly.com/question/32597923

#SPJ11

Answer:

This is false.

Explanation:

The statement in the question interchange the meanings of the two terms. The correct definitions are therefore given as follows:

Libel is can be described as a written or published false statement about another person that damages their reputation unjustly.

Slander refers a spoken false statement about another person that damages their reputation unjustly.

Based on the definitions above, the statement in the question can be correctly rewritten as follows:

Slander is a defamatory or hurtful remark told about someone to others, and libel is when this remark or comment is broadcast over the TV, radio, printed in a publication, or forwarded to others on the Internet.

Answer:

FALSE

Explanation:

i got it right

The given statement "If an economy were experiencing substantial unemployment, the economy is producing inside the production possibilities frontier." is true.

The production possibility frontier is also known as the production possibility curve. It is a graph that represents the maximum combinations of two goods that an economy can produce using available resources and technology. The production possibilities frontier reflects the scarcity of resources and the existence of a trade-off between two goods that an economy can produce. To understand this better, let's consider the following scenario. If an economy produces at point A, which is below the production possibility curve, it means the economy is producing inside the production possibility frontier. It indicates that the economy is not utilizing all its available resources and is inefficient, and it can produce more output if it fully utilizes its resources. At point B, the economy is producing on the production possibility frontier, which means the economy is utilizing all its resources efficiently, and it cannot produce more goods without reducing the production of other goods. If the economy operates at point C, which is beyond the production possibility curve, it is not feasible, as it requires more resources than the economy possesses.

If an economy is experiencing substantial unemployment, it means there is an unused or underutilized resource available in the economy. For instance, if the labour force is unemployed, it means the economy can produce more output than it currently does. When the economy operates below the production possibility frontier, it indicates that the economy has unused resources, such as labour, capital, or land. If these resources remain unemployed, it means the economy is not utilizing them, and they are wasted. Therefore, an economy that is experiencing substantial unemployment is inefficient and produces inside the production possibility frontier. When the economy is not utilizing all its resources, it cannot produce its maximum potential output, leading to a reduction in the standard of living of individuals and economic growth. Therefore, it is essential for an economy to utilize all its available resources to maximize its output and achieve its production possibility frontier. Thus, the given statement is true as an economy that is experiencing substantial unemployment is inefficient and produces inside the production possibility frontier.

To know more about frontier visit

brainly.com/question/30285088

#SPJ11

a. $5,000 invested will accumulate to $12,758.96. b. $8,000 invested will accumulate to $13,968.03. c. $775 invested will accumulate to $3,432.97. d. $21,000 invested will accumulate to $26,533.08.

To calculate the future value of an investment with compounding interest, we use the following formula:

Future Value = Present Value x (1 + Interest Rate/Number of Compounding Periods)^(Number of Years x Number of Compounding Periods)

Using the values provided in the question and plugging them into the formula, we get:

a. Future Value = $5,000 x (1 + 0.10/1)¹⁰ˣ¹= $12,758.96

b. Future Value = $8,000 x (1 + 0.08/1)⁷ˣ¹= $13,968.03

c. Future Value = $775 x (1 + 0.12/1)¹²ˣ¹ = $3,432.97

d. Future Value = $21,000 x (1 + 0.05/1)⁵ˣ¹ = $26,533.08

To know more about invested, refer here:
https://brainly.com/question/30105963#
#SPJ11

When someone manages in a unionized environment, they need to always remember the words including Bilateral and Proactive.

In a unionized work-environment, the employers must be enter an individual contracts with the employees since union is the bargaining agent for them.

Hence, when someone manages in a unionized environment, they need to always remember the words including Bilateral and Proactive.

Read more about unionized environment:

brainly.com/question/19360285

A regressive tax is a  tax that takes a higher percentage of income from people with lower incomes. Hence, option D is correct.

When the overall tax burden drops as income increases, the tax is said to be regressive. While middle- and high-income taxpayers suffer a proportionally smaller part of the tax burden, low-income taxpayers bear a disproportionately large share.

Every taxpayer, regardless of economic level, pays the same amount of money, a regressive tax may initially seem to be a fair method of taxing residents. A closer analysis reveals that such a tax results in lower-income persons paying a bigger percentage of their income than do wealthy ones.

Thus, option D is correct.

For more details about regressive tax, click here:

https://brainly.com/question/9373731

#SPJ2

Answer:

Flat

Explanation:

Flat organizational structure

This structure of an organization is said to consist of may be just one top manager who is an owner or CEO of the company, managing a lot of other employees, all with equal levels of authority.Flat structures have fewer management levels, with each level controlling a broad area or group. It focus on empowering employees rather than adhering to the chain of command.

Advantages and Disadvantages of flat organizations

Advantage

There are fewer administrative costs because fewer management positions, easier for employees to project voice etc.

Disadvantages

It is said to be hard to develop vertically due to limited promotions, requires extensive trust etc.

Answer:

The answers B More profits  

Explanation:

Trust me i just made a 100 in the test

In the end, businesses that use teams tend to have more profit. Thus, option (b) is correct.

The term “businesses” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts. The businesses are interested in the investment as a future perspective.

The term “businesses” refers to the primary goal of generating a profit. The company is taking a risk and profiting from it. The enterprises' functions are focused on the creation, distribution, and sale of concepts. The business was the runs on the basis of the consumer behavior.

As a result, the significance of businesses are the aforementioned. Therefore, option (b) is correct.

Learn more about on businesses, here:

https://brainly.com/question/15826604

#SPJ6

The velocity of money in 2019 based on the information will be 20 and the nominal GDP is $7200.

From the complete information, the velocity will be calculated thus:

= Price level × Quantity / Quantity of money

= (9 × 800) / 360.

= 20

The nominal GDP will be:

= Price level × Quantity

= 9 × $800

= $7200

Read related link on:

https://brainly.com/question/25302413

The correct answer is 85.8 and 64.4 percent.

To calculate the company's debt-to-assets ratio, we need to divide the total amount of debt by the total amount of assets and express it as a percentage. For the year ended February 2, 2014, the company's debt-to-assets ratio is 85.8 percent.

This means that 85.8 percent of the company's assets are financed by debt. For the year ended February 3, 2013, the company's debt-to-assets ratio is 64.4 percent. This means that 64.4 percent of the company's assets are financed by debt.

Learn more about debt-to-assets ratio:

brainly.com/question/30253017

#SPJ11