_____,Founder of Japanese Manufacturing Methods,stated,"The Prosperity of a Resource-Poor Country

question 7

Multiple Choice

_____,founder of Japanese manufacturing methods,stated,"The prosperity of a resource-poor country like Japan rests solely on the high quality of its labor."

• A)Deming
• B)Ford
• C)Shingo
• D)Smith

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Definitions:

Secured Perfected Creditor

A lender that has a legal right to take possession of the collateral if the borrower fails to fulfill the repayment obligations.

Collateral

Property or assets pledged as security for the repayment of a loan, subject to seizure on default.

Secured Unperfected Creditor

A creditor that has a security interest in the debtor's property but has not completed all legal steps or filings to perfect the claim.

Financing Statement

A document filed to give public notice of a secured party's interest in the debtor's collateral.