In What Way Can Suppliers Be Monitored for Their Compliance

question 43

Multiple Choice

In what way can suppliers be monitored for their compliance with total quality management programs?

• A)ISO 9000 standards
• B)Baldrige Awards-award criteria
• C)Lead time management programs.
• D)all of the above
• E)none of the above

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Definitions:

Year 2

A reference to the second year of a company's operations, project timeframe, or any specific period's second year.

Operating Cycle

The duration of time it takes for a company to purchase inventory, sell the products, and collect cash from the sales.

Year 2

Typically refers to the second year in a given context, such as the fiscal year, a multi-year plan, or period analysis.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue from its customers by extending credit.