Which of the Following Is a Predominant Principle of Total

question 37

Multiple Choice

Which of the following is a predominant principle of total quality management?

• A) Contingency thinking
• B) Continuous improvement
• C) Quantitative analysis
• D) Progression principle
• E) Deficit principle

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Definitions:

After-Tax Rate

The rate of return on an investment after accounting for taxes.

Diversified Portfolio

An investment portfolio composed of a variety of assets to reduce exposure to risk associated with any single asset or industry.

Capital Gains

The profit earned from the sale of assets or investments, such as stocks or real estate, measured by the difference between the sale price and the original purchase price.

Interest Rate Risk

The potential for investment losses due to changes in interest rates.