Deming Emphasized That Management's Job Is To

question 57

Multiple Choice

Deming emphasized that management's job is to:

• A) increase process variance.
• B) control the process indexes.
• C) optimize the system.
• D) give orders and punishments.

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Definitions:

Income Allocated

Allocation of income refers to the distribution of earnings among various accounts or entities, often for tax, investment, or accounting purposes.

Liquidation

The process of dissolving a company by selling off its assets to pay off liabilities; any remaining assets are then distributed to shareholders.