Some Consider Any Level of Quality Short of Perfection to Be

question 18

Multiple Choice

Some consider any level of quality short of perfection to be unacceptable.However,managers who must set quality targets should consider:

• A)The quality level required by ISO 9000
• B)The relative costs of failure,prevention,and appraisal
• C)The fact that six sigma is a universally accepted standard
• D)The effects of product quality on stock prices.

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Definitions:

Illusory Promises

Promises that are vague or lack commitment, rendering them unenforceable in a contract because they fail to bind the promisor.

Monetary Value

The value of an object, service, or asset expressed in terms of money.

School Loans

Financial loans provided to students to help cover the cost of post-secondary education, including tuition, room and board, and other related expenses.

Additional Work

Tasks or services that are added to the original scope of a contract or agreement, often requiring a modification to terms and additional payment.