Match the Principle of Quality Improvement with Its Key Benefits

question 4

Multiple Choice

Match the Principle of Quality Improvement with its Key Benefits.
-Improved patient loyalty leading to repeat business

• A)Customer focus/patient focus
• B)Leadership
• C)Involvement of people
• D)Process approach
• E)System approach to management
• F)Continual improvement
• G)Factual approach to decision making
• H)Mutually beneficial supplier relationships

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Definitions:

Actual Price Per Pound

The real cost of a commodity or material expressed on a per pound basis.

Standard Price Per Pound

A predetermined cost set for a pound of material, used in budgeting and costing to assess efficiency and variances in purchasing or production.

Total Direct Materials Cost Variance

The difference between the actual cost of direct materials used in production and the expected (or standard) cost.

Total Variable Overhead Variance

The difference between the actual variable overhead costs incurred and the expected (or budgeted) variable overhead costs.