Quality Can Improve Profitability by Reducing Costs

question 139

Multiple Choice

Quality can improve profitability by reducing costs. Which of the following is not an aspect of reduced costs by quality improvements?

• A) flexible pricing
• B) increased productivity
• C) lower rework
• D) lower warranty costs
• E) lower scrap costs

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Definitions:

Cumulative Breadth

A technical analysis tool that measures the advancing and declining stocks on an exchange to assess market direction.

Bullish

A descriptive term for investor sentiment that believes a particular security or market is heading for an increase in prices.

Bearish

A term used in investing to describe the belief that a market, asset, or economy is on a downward trajectory.

Elliott Wave Theory

Elliott Wave Theory is a technical analysis methodology that proposes financial market prices unfold in specific patterns, often called waves, which are driven by the psychology of market participants.