After Returning Home from a Trade Show,Mr

question 32

Multiple Choice

After returning home from a trade show,Mr.Jones,the president of a manufacturing company,spoke to his employees in a production meeting about a new approach that should increase their production bonus by improving their performance.To do so,Mr.Jones discussed a goal of "zero defects." This is an example of ____.

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

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Definitions:

Purchase Order

A formal document issued by a buyer to a seller, detailing the products or services ordered and the agreed-upon price.

Periodic Inventory System

A system in which inventory levels are updated in the accounting records on a periodic basis, typically at the end of an accounting period.

Physical Inventory

A detailed listing of merchandise on hand.

Perpetual Inventory System

A method that continuously updates inventory records to reflect sales, returns, and additions in real time.