An Organization Which Increases Its Quality Can Improve Its Profits

question 47

Multiple Choice

An organization which 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:

Severe Time Constraints

This term represents the strict or tight deadlines and schedules within various contexts, often leading to pressure and challenges in project completion or task execution.

Tried and Tested Formulas

Proven methods or strategies that have consistently shown successful results upon repeated application.

Controversy

A prolonged public dispute or debate, often concerning a matter of opinion and featuring differing viewpoints.

Economic Status

Refers to the position of an individual, group, or area within an economic hierarchy, determined by wealth, occupation, and income.