Using the Number of Consultants Specializing in Quality Circles as the Measurement

question 46

Multiple Choice

Using the number of consultants specializing in quality circles as the measurement, how has the use of quality circles in U.S. companies changed since 1983?

• A) The use of quality circles has increased significantly.
• B) The use of quality circles has remained about the same.
• C) The use of quality circles rose until the mid-1990s, then leveled off.
• D) The use of quality circles has decreased significantly.

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Definitions:

Business Activities

Various actions undertaken by a company in the pursuit of its commercial objectives, including operating, investing, and financing activities.

Operating Cycle

The process by which a company spends cash, generates revenues, and receives cash from customers.

Stockholders' Equity

The stake in a corporation's assets left over after all debts are cleared, signifying an ownership interest.

Liabilities

Financial obligations or debts that a company owes to others.