In His Value Chain, Deming Linked Quality Improvements to ________

question 99

Multiple Choice

In his value chain, Deming linked quality improvements to ________.

• A) improved product features and improved durability
• B) improved organizational performance and reduction in costs
• C) increase in efficiency and improved product features
• D) improvements in reliability and reduction in costs
• E) reduction in defects and improved organizational performance

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Definitions:

Liabilities

Financial obligations or debts owed by a business to outside parties, which must be settled over time through the transfer of economic benefits.

Equity Section

Part of a company's balance sheet that represents the owners' share of the corporation, including retained earnings and issued stock.

Profit & Loss Statement

A financial statement that summarizes the revenues, costs, and expenses incurred during a specified period, typically a fiscal quarter or year.

Edit Pencil

This term likely refers to a tool or feature in software applications used for making amendments or corrections.