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:

Partnership

A voluntary association between two or more people who co-own a business for profit.

Terminated

Ended or concluded in a legal, employment, or contractual context.

Dissolution

The process of legally terminating the existence of an entity, such as a corporation or partnership.

Winding Up

The process of dissolving a company, involving settling debts, liquidating assets, and distributing the remaining funds to shareholders, if any.