Which of the Following Is a Drawback of ISO 9000

question 61

Multiple Choice

Which of the following is a drawback of ISO 9000 certification?

• A)It is bureaucratic and costly for many firms.
• B)It is an impossible standard to achieve.
• C)It is losing its prominence in international business.
• D)It is ineffective in improving processes.
• E)It is ineffective in bringing about quality improvement.

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Definitions:

Majority Shareholder

An individual or entity that owns more than 50% of a company's shares, giving them significant control over company decisions.

Dividend

A payment made by a corporation to its shareholders, usually as a distribution of profits.

Fiduciary Duty

An obligation under the law for an individual to prioritize another's interest, often involving someone trusted with managing finances or assets.

Special Litigation Committee

A committee often formed within a corporation's board of directors to decide on legal strategies or manage specific litigation matters, especially in derivative lawsuits.