________ Is a Series of International Quality Management Standards Established

question 99

Multiple Choice

________ is a series of international quality management standards established by the International Organisation for Standardisation, which set uniform guidelines for processes to ensure that products conform to customer requirements.

• A)Seven Beta
• B)ISO 250
• C)Six Sigma
• D)BS 5400
• E)ISO 9000

---

Definitions:

Net Operating Working Capital

A measure of a company's liquidity that takes into account the difference between its operating current assets and its operating current liabilities.

Accounts Payable

Short-term liabilities of a company for goods and services received but not yet paid for.

Trade Credit Discounts

Reductions in the price of goods or services offered by suppliers to their customers as an incentive for early payment.

Performing Poorly

A term used to describe assets, investments, or businesses that are not achieving expected levels of profit or performance.