Fortis Manufacturing Systems Uses a Highly Focused System of Quality

question 11

Multiple Choice

Fortis Manufacturing Systems uses a highly focused system of quality control that takes a statistical approach and scrutinizes the firm's entire production system.Fortis most likely uses ________.

• A)total quality management
• B)acceptable quality levels
• C)just-in-time processes
• D)Six Sigma processes

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Definitions:

Bakery Outlets

Retail stores that sell bakery products directly from manufacturers, often at discounted prices due to surplus or approaching expiration dates.

Fresh Baked Goods

Food items like bread, pastries, and cakes that are recently made and have not been preserved by any artificial means.

Cost of Equity Capital

The rate of return that a company must offer investors to incentivize them to hold its equity, reflecting the risk of the investment.

Toronto Stock Exchange

The largest stock exchange in Canada, where Canadian stocks and securities are traded.