Which of the Following Is Not One of Deming's 14

question 66

Multiple Choice

Which of the following is not one of Deming's 14 points?

• A)Encourage education and self-improvement.
• B)Take action.
• C)Institute leadership.
• D)Optimize the efforts of teams.
• E)Utilize numerical quotas and measurement by objective to motivate management.

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Definitions:

Par Stock

The ideal quantity of specific inventory items that a business should hold to meet demand without overstocking.

Stockholders' Equity

Stockholders' Equity represents the ownership interest of shareholders in a corporation, calculated as the company's total assets minus its total liabilities.

Liability

A financial obligation or debt owed by a company to third parties, such as loans, accounts payable, or mortgages.

Date of Declaration

The official date on which a company's board of directors announces its intention to pay a dividend.