Which of the Following Is a Key Feature of "Total

question 19

Multiple Choice

Which of the following is a key feature of "total quality management"?

• A) An emphasis on continuous improvement in the production of goods or delivery of services.
• B) Less emphasis on the consumer compared to most other management approaches.
• C) Extensive consultation with workers about most aspects of their jobs.
• D) Heavy reliance on low-skill workers.

---

Definitions:

Essential Resource

A resource considered vital for the survival of an economy or the operation of a business.

Long Run

A period in economics sufficient for all markets to adjust, including production levels, prices, and resource allocation, often contrasted with the short run where some factors are fixed.

Efficient Output

The level of production at which a firm or economy is producing at minimum average total cost, optimizing resource use.

Demand Curve

a graph showing the relationship between the price of a good and the quantity of that good which consumers are willing to purchase at various prices.