Which of the Following Steps in the Five-Step Chain Reaction

question 66

Multiple Choice

Which of the following steps in the five-step chain reaction, as articulated by Deming with regard to the philosophy underlying total quality management (TQM) , enables a company to achieve a higher market share and raise prices?

• A) Improvement in productivity
• B) Increase in a company's profitability
• C) Higher market shares due to superior quality of products
• D) Reduction of costs due to improved quality
• E) Creation of more jobs

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Definitions:

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A leadership approach characterized by actions that protect leaders' own interest, often at the expense of others and avoiding unnecessary risks.

GLOBE Project

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The exchange of goods, services, and capital across international borders, facilitating global economic interconnectivity and development.

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