The Set of Standards That Certify That a Business Is

question 70

Multiple Choice

The set of standards that certify that a business is using processes and principles in order to assure the production of quality products is known as which of the following?

• A) ISO 6000
• B) ISO 9000
• C) GATT 3000
• D) GATT 9000

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Definitions:

Tying

A sales strategy where the sale of one product (the tying product) is linked to the purchase of a second distinct product (the tied product).

High Demand

A situation in which the desire for a product or service significantly outweighs the supply available in the market.

Vertical Contracts

Agreements between companies at different levels in the supply chain, such as manufacturers and retailers, to specify conditions like pricing or product placement.

Costly Activities

Tasks or operations that require a significant amount of resources, including time, money, or energy.