Quality Circles Are Based on the Assumption(s)that

question 3

Multiple Choice

Quality circles are based on the assumption(s) that:

• A) quality can be increased by increasing the size of the organisation
• B) the people who do the job know it better than anyone else
• C) quality can be increased by talking more about it
• D) the more employees talk, the more satisfied they will be
• E) All of these choices.

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Definitions:

Loanable Funds

The money available for borrowing in the financial markets, comprising savings by households and businesses that can be loaned to others who seek to invest or spend more than their current income.

Loanable Funds

Money available for borrowing in the financial markets.

Government Budget Deficits

A situation where government expenditures exceed its revenues in a given fiscal period, leading to borrowing or spending cuts.

Exempting Interest

The act of not subjecting interest earnings to taxation under certain conditions.