Before the Firm Is Allowed Access to the European Marketplace,the

question 95

Multiple Choice

Before the firm is allowed access to the European marketplace,the European Union requires that the quality of a firm's manufacturing processes and products be certified under a quality standard known as __________________.

• A) total quality management
• B) reengineering
• C) BT 12000
• D) ISO 9000
• E) QM 15000

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Definitions:

Planning Budget

A financial plan that estimates the revenue and expenses for a specific period in the future, often used for setting financial goals.

Administrative Expenses

Overhead costs related to the general operation of a company, such as salaries of executive personnel, office supplies, and utilities.

Planning Budget

A budget designed for a specific level of activity, used for planning and control purposes.

Medical Supplies

Items and materials used in healthcare settings, including syringes, bandages, gloves, and medicines.