Match Each Item with a Statement Below

question 18

Multiple Choice

Match each item with a statement below.

-Metrics based on the results of work performed

• A)outcome measures of quality
• B)Planetree
• C)quality improvement interventions
• D)total quality management
• E)business process reengineering
• F)structural measures of quality
• G)pay-for-performance
• H)Pebble Project
• I)high-reliability organizations
• J)process measures of quality

---

Definitions:

World Price

The price at which goods are traded internationally, determined by supply and demand in the global market.

Domestic Price

Domestic price is the price of a good or service within a country, influenced by local supply and demand conditions, taxes, and subsidies.

Exports and Imports

involve the selling of goods and services to other countries (exports) and buying goods and services from other countries (imports), crucial components of a country's economy.

Frederic Bastiat

Frederic Bastiat was a French economist and writer known for his advocacy of free markets and critique of protectionism, best remembered for his works such as "The Law" and "Economic Sophisms."