The Quality Certification That Deals Primarily with Conformance to Customer

question 74

Multiple Choice

The quality certification that deals primarily with conformance to customer requirements is ISO _____; ISO _____ is concerned primarily with the organization's effect on the environment.

• A)9000; 14000
• B)24700; 9000
• C)14000; 9000
• D)9000; 24700
• E)14000; 24700

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Definitions:

Collusive Pricing Model

is a market situation where businesses agree on setting prices at a certain level to maximize collective profits, reducing competition.

Prisoner's Dilemma

A fundamental problem in game theory showing why two completely rational individuals might not cooperate, even if it appears that it is in their best interest to do so.

Advertising

The act or practice of promoting goods, services, or ideas through various forms of media to attract and engage potential consumers or audiences.

Pricing Behavior

The strategies and practices businesses use to set the prices of their products and services, influenced by market demand, competition, cost of production, and other factors.