Which of the Following Are Likely to Be Positive Actions

question 85

Multiple Choice

Which of the following are likely to be positive actions in obtaining a supplier's commitment to quality improvement?

• A) Involving the supplier early in the product development stage. II. Partially reimbursing the supplier, when the product is rejected. III. Establishing a firm schedule of required product quantities and dates. IV. Providing meaningful and timely quality performance feedback.
• B) I and IV only
• C) I, II and IV only
• D) I, III and IV only
• E) I, II, III and IV

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Definitions:

Static Budgets

A budget that is created for a single level of activity and does not change in response to variations in business activity levels.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels within a business.

Total Budgeted Cost

The aggregate estimated costs of various aspects for a project or a business operation for a specific period.

Controllable Items

Items or costs in business that can be directly managed or influenced by decisions made by the company or its managers.