What Is the Focus of the ISO Standards

question 34

Multiple Choice

What is the focus of the ISO standards?

• A)A series of standards to assure consistency in product quality
• B)An HR software package to assure legal compliance
• C)A quality standard set by the Japanese
• D)A strategic quality forecasting model
• E)A method designed to improve productivity

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Definitions:

Resources

Assets, materials, and inputs needed for the production of goods and services, including time, labor, capital, and natural resources.

Excess Demand

A market condition where the quantity demanded of a good exceeds the quantity supplied, leading to shortages.

Good

A tangible item or product that fulfills a need or desire and is available for purchase.

Price Ceiling

A price ceiling is a government-imposed limit on how high a price can be charged on a product or service, intended to protect consumers from high prices.