Which of the Following Is One of the Principles That

question 145

Multiple Choice

Which of the following is one of the principles that characterize TQM?

• A)teamwork  
• B)organizational dialogue  
• C)the equity theory  
• D)autonomy

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Definitions:

Indifference Curves

Graphs that represent various combinations of goods that give a consumer equal utility or satisfaction.

Wealth

The abundance of valuable resources, assets, or properties that an individual or entity possesses.

Expected Utility Function

An expected utility function quantifies an individual's preferences under uncertainty, ranking them according to the expected level of satisfaction or utility.

Sure Payment

A guaranteed or fixed payment that is certain to be paid, without any risk or fluctuation.