Few Purchasers Expect Potential Suppliers to Have Adopted Quality Systems

question 59

True/False

Few purchasers expect potential suppliers to have adopted quality systems based on MBNQA or ISO 9000 criteria.

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Definitions:

Stock Investments

Financial assets representing ownership interest in companies; shareholders may receive dividends and have voting rights.

Cash Dividends

Payments made by a corporation to its shareholders as a distribution of profits in the form of cash.

Net Income

The remaining profit for a company after removing all costs and tax obligations from the overall revenue.

Insignificant Influence

A situation where an investor does not have significant control or influence over the operations and management of a company in which they hold an investment.