Quality Can Be Improved by

question 92

Multiple Choice

Quality can be improved by

• A) improving customer satisfaction
• B) improving employee satisfaction
• C) practicing continuous improvement
• D) all of the above

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Definitions:

Minimum Return on Investment

The least amount of profit expected from an investment, below which an investment is not considered acceptable.

Investment Turnover

A measure of a company's ability to generate sales from its investment in assets, typically used to assess the efficiency of investment usage.

Profit Margin

A ratio of profitability calculated as net income divided by revenue, showing the percentage of each dollar of revenue that results in net income.

Return on Investment

A measure used to evaluate the efficiency or profitability of an investment relative to its cost.