Which of the Following Is NOT One of TQM's Objectives

question 46

Multiple Choice

Which of the following is NOT one of TQM's objectives?

• A) greater flexibility in adjusting to customers' shifting requirements
• B) lower cost through quality improvement and elimination of non-value-adding work
• C) increased alignment of employee goals with management's objectives
• D) quicker, less variable response in processes to customer needs
• E) better, less variable quality of the product and service

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Definitions:

Payable to Cash

A term indicating that a financial instrument, like a check, is written in such a manner that it can be cashed or negotiated by any holder, not just a specific payee.

"Pay to the Order of Bearer"

A phrase used on checks or other negotiable instruments that indicates the person possessing the document has the right to cash or negotiate it.

Drawee

The party, typically a bank, required to pay the specified amount on a check or draft when it is presented for payment.

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document.