Examlex
Which of the following is not one of the principles commonly found in companies that have successfully embraced the TQM philosophy?
Deficit
The financial situation in which expenditures exceed revenues over a specified period, leading to borrowing or depletion of funds.
Trade Surplus
A situation where the value of a country's exports exceeds the value of its imports over a given period.
Goods
Physical items that satisfy human wants or needs, which can be transferred from one person to another and include both consumer and capital goods.
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