An Organization's Process for Evaluating the Quality Systems of Key

question 20

Multiple Choice

An organization's process for evaluating the quality systems of key suppliers in an effort to eliminate incoming inspections can be referred to as:

• A)Quality Systems Certification
• B)Supply Management
• C)Supplier Inspection
• D)Supplier Certification

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Definitions:

Net Investment

The amount spent by a company on new capital assets after accounting for depreciation.

Foreign Investments

Investments made by individuals, companies, or governments in assets or business ventures in another country.

Interest Rates

The cost of borrowing money expressed as a percentage of the principal, or the return on investment.

Economists Define

A phrase indicating the beginning of a definition or explanation of a specific economic term or concept as provided by economists.