Erik, a Management Intern at Struebing, Inc

question 49

Multiple Choice

Erik, a management intern at Struebing, Inc., was tasked with investigating ways for Struebing to more effectively compete on a global basis. He was intrigued to learn about ________ as a framework by which to improve quality and to gain certification in accordance with these quality standards.

• A)ISO 9001
• B)TQM 2001
• C)JIT
• D)STP 5000
• E)IPO

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Definitions:

Corporate Bond

A type of debt security issued by corporations to raise capital, with the promise to repay the principal along with interest on specified dates.

Tax-Exempt

Financial earnings that are not subject to taxation by the government, often applied to certain bonds and municipal securities.

Preferred Stock

Nonvoting shares in a corporation, paying a fixed or variable stream of dividends.

Cumulative Dividends

Dividends that are owed to preferred shareholders of a company and must be paid out before dividends can be distributed to common shareholders.