Examlex
With TQM,employees must be trained to think in terms of __________ and not __________.
Fixed Cost
Expenses that do not fluctuate with changes in production volume, staying constant even as production levels vary.
Liability Insurance
A type of insurance that protects an individual or business from the risk of being sued and held legally liable for something such as malpractice, injury, or negligence.
Step-Variable Cost
A cost that remains fixed for a certain level of production or activity, but jumps to a higher amount once a certain threshold is exceeded.
Helpline
A service providing information and support to people in need, typically available via telephone or the internet.
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