Which of the Following Represents a Contrast Between TQM and Reengineering

question 64

Multiple Choice

Which of the following represents a contrast between TQM and reengineering?

• A)TQM seeks incremental improvements in existing processes; reengineering seeks radical revisions of processes.
• B)TQM seeks incremental improvements in existing processes; reengineering seeks incremental improvements in new processes.
• C)TQM seeks radical revisions of processes; reengineering seeks incremental improvements in existing processes.
• D)TQM seeks radical revisions of old and new processes; reengineering seeks radical revisions of old processes.
• E)TQM seeks incremental improvements in existing processes; reengineering seeks incremental improvements in old processes.

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Definitions:

Liquidated Damages

A contractual provision that determines in advance the amount of damages to be paid if a party breaches the contract.

Breaching Party

The party in a contract who fails to fulfill their contractual obligations, thereby violating the agreement.

Objective Impossibility

A situation where it is not possible to carry out a contract's obligations due to uncontrollable external circumstances.

Bankruptcy

A legal proceeding involving a business or individual that is unable to repay outstanding debts, leading to the disposition of assets to pay creditors.