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:

Marginal Costs

The escalation in total expenses resulting from the manufacture of an additional product or service unit.

Study Time

A period dedicated to academic work or learning outside of formal teaching sessions.

Marginal Analysis

A review of the extra advantages gained from an activity in relation to the extra expenses it generates.

Benefit

The advantage or gain received from a decision, action, or policy, often used in the analysis of choices in economics.