When You Own Part of a Company and Share in Its

question 139

Multiple Choice

When you own part of a company and share in its profits, you have:

• A) equity in that company.
• B) credit with that company.
• C) intermediary stock in that company.
• D) financial diversification in that company.

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Definitions:

Blending

The process of mixing or combining various elements together to create a cohesive whole.

Total Quality Control

Total Quality Control is a management approach focused on embedding quality in every step of the production process through continuous improvement and employee involvement.

Kaoru Ishikawa

A prominent Japanese organizational theorist and engineer, best known for his work in quality management and the invention of the Ishikawa or fishbone diagram.

Employee Involvement

The degree to which employees are encouraged to share their ideas and contribute to decision-making processes in an organization.