_____ Is a Customer-Focused and Results-Oriented Approach to Business Improvement

question 5

Multiple Choice

_____ is a customer-focused and results-oriented approach to business improvement that integrates many traditional quality improvement tools and techniques that have been tested and validated over the years.

• A)Quality assurance
• B)Kaizen
• C)Six Sigma
• D)Total quality

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Definitions:

Price Of Burritos

The cost consumers pay to purchase a burrito, which can vary based on ingredients, location, and restaurant type.

Demand Shifts

Changes in the desire or need for a product or service, influenced by factors such as price, consumer preferences, and income levels.

Excess Supply

A situation where the quantity of a good supplied is greater than the quantity demanded at a given price.

Demand Shifts

Refers to the change in the quantity of a product that consumers are willing and able to buy at different prices, caused by factors other than the price of the product itself.