Which of the Following Is Not True About Juran's Views

question 73

Multiple Choice

Which of the following is not true about Juran's views of quality?

• A)Roughly 80% of quality defects are controllable by management.
• B)The process of quality,not the cost of quality,must be measured.
• C)Management must be committed to continual improvement.
• D)Quality planning is a key part of quality management.

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Definitions:

Marginal Revenue Curve

A graphical representation that shows the change in total revenue for every unit increase in the quantity of output sold.

Demand Curve

A graphical representation showing the relation between the price of a good and the quantity demanded by consumers.

Profit Maximizing

is a strategy where a firm decides on the quantity of production and price to maximize its profit.

Elasticity Of Demand

A gauge of the extent to which demand for an item is affected by fluctuations in its price.