If Barb Wants to Involve All of Her Employees in Quality

question 41

Multiple Choice

If Barb wants to involve all of her employees in quality control by asking for their ideas for judging and maintaining product quality,she should form a/an ________.

• A)quality square
• B)quality newspaper
• C)quality group
• D)quality force
• E)quality circle

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Definitions:

Expected Profit

The anticipated earnings from an investment or business venture after accounting for potential risks and expenses.

Loanable Funds

The total amount of capital available for borrowing, comprised of savings from individuals, businesses, and government, which is available for investment purposes.

Commercial Paper

A short-term, unsecured promissory note issued by corporations, often used for the financing of accounts receivable, inventories, and meeting short-term liabilities.

Treasury Bill

Short-term government securities issued with a maturity of one year or less, used to finance the government's debt.