An Organization That Increases Its Quality Can Improve Its Profits

question 63

Multiple Choice

An organization that increases its quality can improve its profits by _____ the prices of its products due to increased reliability and _____ its operating costs due to increased productivity.

• A)decreasing; reducing
• B)reducing; increasing
• C)increasing; increasing
• D)increasing; reducing
• E)discounting; increasing

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Definitions:

Complex Societies

Societies characterized by large populations, social stratification, centralized governance, and the presence of symbolic systems like writing.

Formal Education

Structured learning provided by officially recognized schools, colleges, and universities, typically leading to certification or a degree.

Palo Alto

A city in California, known for its significant role in technology development due to its proximity to Stanford University and Silicon Valley.

Socialization

Socialization is the process by which individuals learn and internalize the values, beliefs, norms, and social skills needed to function effectively in society.