According to W

question 45

Multiple Choice

According to W. Edwards Deming, which of the following points is essential for a successful workplace and is most likely applied in both private and public organizations?

• A) Heavily depending on mass inspection for quality
• B) Increasing the number of suppliers who offer value for money
• C) Creating robust barriers between departments
• D) Creating consistency and continuity of purpose

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Definitions:

Shareholders

Individuals or entities that own shares in a company, giving them ownership interest.

Tax Liability

The total amount of taxes owed by an individual, corporation, or other entity to the government within a given tax period.

Canadian-Controlled Private Corporation (CCPC)

A Canadian-Controlled Private Corporation (CCPC) is a classification in Canada for a privately held company that is controlled by Canadian residents.

Earnings Before Taxes (EBT)

A measure of a company's profitability that calculates income before the deduction of tax expenses.