Installing Quality-Control Procedures That Can Be Audited by Independent Quality-Control

question 48

Multiple Choice

Installing quality-control procedures that can be audited by independent quality-control experts is fundamental to _____.

• A)ISO 9000
• B)restructuring
• C)reduced cycle time
• D)ISO 14000
• E)statistical process control

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Definitions:

Real GDP

The measure of a country's economic output adjusted for price changes (inflation or deflation), reflecting the true value of goods and services.

Final Output

The total value of all goods and services produced and sold by a country in a specific time period without any duplication.

Intermediate Goods

Goods that are used as inputs in the production of other goods and services, rather than being sold directly to end consumers.

GDP

The Gross Domestic Product measures the overall market or financial worth of every completed good and service produced within a country's borders in a set period.