The Idea That Successful Firms Adopt Aspects of Each of the Various

question 81

Multiple Choice

The idea that successful firms adopt aspects of each of the various approaches to quality is referred to as a(n) ________ perspective.

• A) engineering
• B) operations
• C) contingency
• D) customer focus
• E) quality assurance

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Definitions:

Exchange Rate

The price of one currency in terms of another for conversion purposes.

Yuan

The official currency of the People's Republic of China.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, typically measured by GDP.

Current Account

A country's transactions with the rest of the world, covering trade in goods and services, net earnings on investments, and net transfer payments.