A Public Good

question 52

Multiple Choice

A public good:

• A)generally results in substantial negative externalities.
• B)can never be provided by a nongovernmental organization.
• C)can't be provided to one person without making it available to others as well.
• D)costs essentially nothing to produce and thus is provided by the government at a zero price.

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Definitions:

Continuous Improvement

An ongoing effort to improve products, services, or processes by making small, incremental improvements over time.

Deming

Refers to W. Edwards Deming, an American engineer, statistician, professor, author, lecturer, and management consultant known for his work in the field of quality management and for his influence on modern business practices.

Juran

Refers to Joseph M. Juran, a key figure in the field of quality management, best known for his work on quality control and planning.