_____ First Proposed the Relationship Between Quality and Business Success

question 65

Multiple Choice

_____ first proposed the relationship between quality and business success in the early 1950s.

• A) Frederick Winslow Taylor
• B) W. Edwards Deming
• C) Peter Drucker
• D) Henry Mintzberg

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Definitions:

Revenue

The total income generated from normal business operations and before any costs or expenses are deducted.

Progress Payments

Payments made on a contract in advance of the final delivery, typically based on the completion of certain stages or milestones within the project.

Critical Event

A significant occurrence or turning point that has the potential to affect the operation, stability, or outcome of a process, project, or situation.

Value Creation

The process through which businesses or organizations generate increased worth for shareholders or stakeholders, often through strategic decision-making and operations.