Which of the Following Is NOT One of Deming's 14

question 101

Multiple Choice

Which of the following is NOT one of Deming's 14 Points for Improving Management's Productivity?

• A)Encourage departments to compete.
• B)Train your employees to understand statistical methods.
• C)Train your employees in new skills as the need arises.
• D)Make top managers responsible for implementing the 14 principles.
• E)Drive out fear.

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Definitions:

Free Cash Flow (FCF)

The cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Operating Expenses

These are costs associated with the day-to-day operations of a business, excluding costs of goods sold, taxes, and interest expenses.

Taking Deposits

The act of receiving funds from customers, under the agreement that the funds will be returned or made available for withdrawal upon the customer's request.

Insurance Companies

Businesses that provide coverage, compensating policyholders for losses in exchange for premiums.