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If a Company Spends More on Prevention,what Would Be the Expected

question 34

Multiple Choice

If a company spends more on prevention,what would be the expected impact on other costs of quality?


Definitions:

Robert Owen

A Welsh textile manufacturer, philanthropist, and social reformer, best known for his efforts to improve working conditions and the creation of utopian socialist communities.

Pragmatic Socialist

A pragmatic socialist is an individual or ideology focused on socialist principles but flexible in methods and strategies to achieve social and economic goals, embracing practical approaches over purely ideological ones.

Industrialist

An individual who owns, operates, or has significant financial interest in industrial enterprises.

Karl Marx

A 19th-century philosopher, economist, and political theorist, best known for his critical analysis of capitalism and his influence on the development of socialism and communism.

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