Which of the Following Is Not an Element of TQM

question 100

Multiple Choice

Which of the following is not an element of TQM?

• A)continuous improvement
• B)competitive benchmarking
• C)employee empowerment
• D)team approach
• E)quality management as a specialized function within the firm

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Definitions:

Tax Cuts

Reductions in the amount of taxes imposed by a governing body, typically aimed at stimulating economic growth or achieving other fiscal policy goals.

Crowding-In Effect

An economic concept where increased government spending leads to higher private sector investment, contrary to the crowding-out effect.

Aggregate Demand

Aggregate economic demand for products and services, assessed at a certain overall price point during a predefined time span.

National Debt

The total amount of money that a country's government has borrowed and not yet repaid, often through the issuance of securities.