Many Suppliers Are Adopting ISO 9000 Standards Because

question 72

Multiple Choice

Many suppliers are adopting ISO 9000 standards because:

• A) customer satisfaction surveys indicate retail customers prefer ISO certified suppliers.
• B) it is the latest fad that adds value according to customer perception.
• C) they want to be perceived as eco-friendly.
• D) the WTO expects international suppliers to conform to ISO standards.
• E) manufacturers are requiring them to do so.

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Definitions:

Statistically Significantly

A measure of confidence in statistical analysis indicating that the observed effect is unlikely to be due to chance.

Diversified Portfolio

An investment strategy that involves spreading investments across various asset classes to reduce risk and volatility.

Capital Market Line

A line used in the capital asset pricing model to illustrate the rates of return for efficient portfolios depending on the risk-free rate and the level of risk (variance).

Forecasted Return

The expected return on an investment based on models of analysis or historical performance data.