Three Broad Categories of Definitions of Quality Are

question 69

Multiple Choice

Three broad categories of definitions of quality are:

• A) product quality, service quality, and organizational quality.
• B) user based, manufacturing based, and product based.
• C) internal, external, and prevention.
• D) low-cost, response, and differentiation.
• E) Pareto, Shewhart, and Deming.

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Definitions:

Residual Dividend Policy

A strategy for setting dividend payments based on the firm's residual or leftover equity after funding all its investment projects.

Debt-Equity Ratio

A financial ratio that shows the relative amounts of shareholders' equity and debt financing used to fund a company's assets.

Capital Projects

Large-scale investments undertaken by a firm to maintain or expand its business operations.

Earnings Per Share

A portion of a company's profit allocated to each outstanding share of common stock, serving as an indicator of the company's profitability.