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Match the Weakness of Approach with the Quality Guru

question 1

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Match the weakness of approach with the quality guru. This approach is difficult to apply where performance is difficult to measure, e.g. the service sector.


Definitions:

Retailer

A retailer is a business or person that sells goods directly to consumers for personal or household consumption.

Short-Term Financing Policies

Strategies a company uses to manage its immediate or short-term financial needs and operational expenses.

Conservative Financing Policy

A financial strategy that prioritizes safety and liquidity, often characterized by maintaining high cash reserves and using less leverage.

Trade Credit

An agreement in which a customer can purchase goods or services on account, paying the supplier at a later scheduled date.

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