After Returning Home from a Trade Show, Mr

question 101

Multiple Choice

After returning home from a trade show, Mr. Stephenson, the president of a manufacturing company, called a meeting of his production department. He indicated that the company would soon be implementing a new policy of ________, which focuses on worker performance and urges employees to strive for zero defects.

• A) quality assurance
• B) constancy of purpose
• C) restructuring
• D) scientific management
• E) the total quality movement

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Definitions:

Voting Rights

The entitlement of individuals to participate in the election of government officials and in the process of decision-making.

Member-Managers

Individuals in a limited liability company (LLC) who are both owners (members) and actively involved in managing the day-to-day operations.

Power To Dissociate

The legal ability of a partner or member to separate from a partnership or other business entity under specific conditions.

Limited Liability Company

A limited liability company (LLC) is a business structure allowed by state statutes that protects its owners from personal responsibility for its debts or liabilities.