Quality Control in Foreign Affiliates from the Home Office Is

question 103

Multiple Choice

Quality control in foreign affiliates from the home office is less difficult when

• A) the quality inspectors are trained in the home office.
• B) separate standards are used in each plant.
• C) production equipment is similar.
• D) the quality reports are sent to the home office at the same time.

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Definitions:

Risk Seeking

A tendency to engage in behaviors or make decisions that entail known risks in the hope of achieving greater rewards.

Probability Of Loss

The likelihood or chance that an investment will result in a loss rather than a profit.

Positive Outcomes

The beneficial or desirable results achieved following specific actions or processes.

Risk Propensity

The inclination or tendency of an individual or organization to take or avoid risks.