Examlex

Solved

State the American Society for Quality's Definition of Quality

question 48

Essay

State the American Society for Quality's definition of quality. Of the three "flavors" or categories of quality definitions, which type is it? Explain.


Definitions:

Assets

Resources owned or controlled by a company, which are expected to provide future economic benefits.

Liabilities

financial obligations or debts that a business needs to settle in the future, such as loans, accounts payable, and mortgages.

Withdrawals

Amounts taken from a business by the owner for personal use.

Assets

Resources owned by a business or individual with economic value or expected to provide future benefits.

Related Questions