Total Quality Management Is Inseparable from the Concept of

question 25

Multiple Choice

Total quality management is inseparable from the concept of

• A)ISO certification.
• B)centralized organizational structure.
• C)continuous improvement.
• D)the product life cycle.

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Definitions:

Promissory Note

A financial instrument that contains a written promise by one party to pay another a definite sum of money either on demand or at a specified future date.

Commercial Paper

A short-term unsecured debt instrument issued by corporations, typically for financing accounts receivable and inventories.

Simple Interest

Interest earned or paid on the original principal amount alone, without compounding.

Buyer

A person or entity that purchases goods or services.