TQM Expands the Traditional View of Quality Beyond Looking Only

question 66

True/False

TQM expands the traditional view of quality beyond looking only at the quality of the final product or service to looking at the quality of every aspect of the process.

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Definitions:

Higher Taxes

Refers to increased charges imposed by governments on individuals or entities' income, activities, or transactions.

U.S. Treasury Bonds

Long-term government debt securities issued by the United States Department of the Treasury with a maturity of more than 10 years.

Foreign Stock

refers to shares of a company based outside the investor's own country.

Private Sector

The part of the economy that is owned and controlled by individuals and companies for profit rather than by the state.