________ Is a Series of International Quality Management Standards Established

question 119

Multiple Choice

________ is a series of international quality management standards established by the International Organization for Standardization, which set uniform guidelines for processes to ensure that products conform to customer requirements.

• A)Seven Beta
• B)ISO 250
• C)Six Sigma
• D)BS 5400
• E)ISO 9000

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Definitions:

Financial Budgets

Detailed plans that outline an organization's expected revenues, expenses, and capital expenditures over a particular period.

Sales Forecast

An estimate of future sales volumes and revenues, typically based on historical sales data, market analysis, and anticipated market changes.

Production Budget

An estimation of the total amount of production a company needs to meet its anticipated sales demand.

Finished Goods

Products that have completed the manufacturing process but have not yet been sold or distributed to customers.