Question
What is the purpose of a 'quality
circle'?Solution
The purpose of a quality circle is to bring together managers and workers to identify and solve problems, improve processes, and enhance the overall quality of products or services. Quality circles are small groups of employees who voluntarily come together on a regular basis to identify quality-related problems, analyze them, and suggest solutions. These groups are usually led by a supervisor or manager who facilitates the problem-solving process but does not impose solutions on the group.
Fixed cost Rs. 80,000; Variable cost Rs. 2 per unit; Selling price_Rs. 10 per unit; turnover required for a profit target of Rs. 60,000.
 The amount payable on application on every security shall not be less than how much of the nominal amount of the security?
________ examines and evaluates a firm's or individual's financial records to derive evidence used in a court of law or legal proceeding.
Current Assets (at cost) Rs.24,00,000, Credit Sales Rs. 68,00,000, Cash Sales Rs.600,000, Sales Return Rs.2,00,000. What can be Current Assets Turnover ...
 Authorised capital of a company is Rs.5 lakh and 40% of it is paid up. What would be the tangible net-worth of the company if it reported Loss during...
What do ethics most closely relate to?
Which of the following account, having a normal balance, will be shown on the debit side of a trial balance?
Which of the following estimation doesn’t date back to India’s pre-independence era?
Compute M2 supply of money from the following data:
FIFP is the new online single point interface of the Government of India for investors to facilitate Foreign Direct Investment, what is the full form of...