Quality Management's Roots Can Be Traced to the

question 112

Multiple Choice

Quality management's roots can be traced to the

• A) 1920s.
• B) 1940s.
• C) 1970s.
• D) 1980s.

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Definitions:

NPV

Net Present Value (NPV) is a financial metric that calculates the difference between the present value of cash inflows and outflows over a period of time.

Present Value

The today's worth of a future sum or cash flows series, based on a predetermined rate of return.

Cash Inflows

Refers to the money coming into a company, typically from operations, investments, and financing activities.

NPV Zero

A situation where the net present value of a project or investment is zero, indicating that the projected earnings are exactly equal to the initial investment.