What Is the Goal of Total Quality Control

question 20

Multiple Choice

What is the goal of total quality control?

• A)to have less defective material than good material
• B)to permit defects as long as they do not exceed a certain level
• C)to have zero defects
• D)to strengthen the push-through system

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Definitions:

Trade

The exchange of goods and services between parties, which can be within or across national borders.

Trade Deficit

A situation where a country's imports of goods and services exceed its exports, resulting in a negative balance of trade.

Productive Resource

An asset or input used in the production of goods and services, such as labor, land, and capital.

Trade Surplus

A Trade Surplus occurs when the value of a country's exports exceeds the value of its imports within a certain period.