According to Deming's 14 Points of Quality, ________ Are Contrary

question 30

Multiple Choice

According to Deming's 14 points of quality, ________ are contrary to the idea of continuous improvement and must be eliminated.

• A)numerical quotas
• B)retraining programs
• C)value chains
• D)strategic alliances
• E)just-in-time operations

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Definitions:

Cash Budget

A financial plan that estimates incoming and outgoing cash flows over a particular period, helping manage liquidity and plan for future needs.

Debt Ratio

A financial ratio that measures the extent of a company's or individual's leverage, calculated by dividing total liabilities by total assets.

Micro-aging Schedule

A detailed plan or method for categorizing accounts receivable based on the age of the invoice, typically used to manage and prioritize collections.

Cash Budget

A financial plan that estimates incoming and outgoing cash flows over a specific period, helping businesses manage liquidity and cash reserves.