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Deming stresses that workers are primarily responsible for poor quality because very often they fail to follow instructions.
Asset Increase
An increase in the economic value or utility that an asset brings to a company.
Owner's Equity
The residual interest in the assets of a business after deducting liabilities, representing the owner's claim against the company's assets.
Withdrawals
Funds drawn from the enterprise by its proprietors for their personal needs.
Revenues
Revenues are the total income generated by a company from its business activities, such as sales of goods or services, before any expenses are deducted.
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