Which of the Following Is False About the Global Diffusion

question 59

Multiple Choice

Which of the following is false about the global diffusion of management philosophies such as total quality management and just-in-time:

• A) They are essential support philosophies for many global and multi-market manufacturing systems
• B) Employee involvement and empowerment are unnecessary
• C) Employees are involved in the customer satisfaction process
• D) All are true statements

---

Definitions:

S & L Institutions

Savings and Loan institutions, which are financial establishments focusing on accepting savings deposits and making mortgage loans.

Antitrust Suits

Legal actions taken against companies or entities to break up monopolies or to prevent anti-competitive practices, aiming to promote fair competition for the benefit of consumers.

Ivan Boesky

A former American stock trader who became infamous in the 1980s for his role in a major insider trading scandal.

Greed Is Good

A phrase popularized by the film "Wall Street" (1987) to encapsulate the idea that unbridled financial self-interest and the pursuit of personal wealth are positive forces in society.