To a Degree, an Organization's Commitment to Quality and Continuous

question 11

Multiple Choice

To a degree, an organization's commitment to quality and continuous improvement can differentiate it from competitors, but constant improvement and reliability of an organization's products and/or services may result in a competitive advantage that is________ .

• A) weighted
• B) sustainable
• C) uncertain
• D) conservative

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Definitions:

Net Capital Spending

The total spending on fixed assets less the proceeds from the sale of fixed assets, indicating a company's investment in physical assets.

Cash Flow

The whole quantity of financial inflows and outflows in a company, profoundly affecting its liquidity metrics.

Stockholders

Individuals or entities that own shares in a corporation, giving them ownership interests and rights to dividends.

Taxes

Mandatory monetary fees or different forms of charges levied on an individual or entity by a government body to finance government operations and several public services.