The Philosophy Underlying TQM Includes Which of the Following

question 1

Multiple Choice

The philosophy underlying TQM includes which of the following?

• A) Improved quality results in cost decreases.
• B) Better quality leads to higher market share.
• C) Better quality increases a company's profitability.
• D) Management should create an environment in which employees do not fear expressing themselves.
• E) All of these

---

Definitions:

Coin

A flat, typically round piece of metal with an official stamp, used as money or in games.

99.7%

Represents the percentage of data that falls within three standard deviations of the mean in a normal distribution, according to the empirical rule.

Sampling Distribution

the probability distribution of a statistic obtained through a large number of samples drawn from a specific population.

Homeowners

Individuals who own their residence, including houses, apartments, or other dwelling types.