Which of the Following Statements Is True of Quality Improvement

question 56

Multiple Choice

Which of the following statements is true of quality improvement in business?

• A)It leads to organizational turnover.
• B)It enhances the probability of organizational success.
• C)It results in increased absenteeism.
• D)It decreases employee motivation due to increased work stress.

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Definitions:

Average Total Assets

The average value of all assets owned by a company over a specific time period, typically calculated to assess the company's asset management efficiency.

Net Profit Margin

A profitability ratio calculated as net income divided by revenue, showing the percentage of revenue that remains as profit after all expenses are paid.

Total Asset Turnover

A financial ratio that measures a company's efficiency in using its assets to generate sales.

Return on Assets

A financial ratio that indicates the profitability of a company in relation to its total assets.