Which of the Following Statements Is True Regarding Total Quality

question 99

Multiple Choice

Which of the following statements is true regarding total quality management (TQM) ?

• A) TQM emphasizes on a single effort at the start to improve the quality of its products.
• B) TQM largely increases the responsibility on each individual to focus on quality.
• C) TQM philosophy initially took hold in the U.S.
• D) TQM applies solely to an employee's activities based inside a factory.

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Definitions:

Variance

A statistical measure of the dispersion of data points in a data series around the mean.

Total Percentage Return

The total return on an investment, expressed as a percentage, that includes all dividends, interest, and capital gains.

Dividend

Money given to shareholders by a corporation, usually sourced from the firm's profits.

Dividend Yield

A measurement in finance that compares the dividends a company pays each year with its stock price.