Which of the Following Statements Concerning the Malcolm Baldrige Award

question 22

Multiple Choice

Which of the following statements concerning the Malcolm Baldrige award is true?

• A) A disadvantage of the award process is its lack of flexibility, requiring each participating organization to follow the same standardized approach.
• B) The Baldrige criteria are based upon 1,000 points, allocated among four categories: strategy, information systems, business results, and conformance to documented procedures, policies, and training.
• C) The award was established in 1987 to promote better quality management practices and improved quality results by global competitors.
• D) For many companies the objective is not to win the award but to diagnose strengths and weaknesses of their management system.

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Definitions:

Boys from Wealthy Families

Males who come from families with significant economic resources, often associated with advantages in education, opportunities, and social networks.

Defined Period

A specific duration of time that has clear start and end points, often used for analysis, measurement, or planning purposes.

Adolescent Peer Groups

Groups of teenagers or young individuals of similar ages who share interests, social positions, or influences, significantly affecting each other's behaviors and social development.

Social Stability

Social stability is the condition of a society being stable and functioning without abrupt changes or conflicts, maintaining order and continuous operation of institutions and societal norms.