Benchmarking Is Another Name for QFD (Quality Function Deployment)

question 7

True/False

Benchmarking is another name for QFD (quality function deployment).

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Definitions:

Normal Good

A good for which demand increases as the income of individuals or the economy grows, and decreases when income falls.

Income Responsiveness

The degree to which demand for a product or service changes in response to changes in consumer income.

Income Elasticity of Demand

A metric that gauges the sensitivity of demand for a product to shifts in the income of consumers.

Weekly Income

The total amount of earnings received by an individual or entity over the span of a week.