Which of the Following Quality Gurus Was Very Critical of Merit-Pay

question 147

Multiple Choice

Which of the following quality gurus was very critical of merit-pay and individual bonuses? He discouraged management by objectives and the ranking of employees by performance.

• A) Dr. Juran
• B) Dr. Deming
• C) Dr. Taguchi
• D) Dr. Feigenbaum

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Definitions:

Net Income

Net income is the total profit of a company after all expenses and taxes have been deducted from total revenues.

Retained Earnings

Profits that a company keeps after dividends have been paid out to shareholders, often reinvested in the business or used to pay down debt.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within a year or within the business's normal operating cycle if longer than a year.

Accruals

Accounting method recognizing revenue when earned and expenses when incurred, regardless of when cash transactions occur.