If Average Labour Productivity Decreases,then the Same Number of Employed

question 55

Multiple Choice

If average labour productivity decreases,then the same number of employed workers will produce

• A) more total output.
• B) less total output.
• C) the same amount of total output.
• D) more output per person.
• E) the same output per person.

Identify the impact of TQM principles on organizational performance.

Recognize the importance of continuous improvement and its methodologies in quality management.

Understand the significance of standards and certifications in quality management.

Appreciate the ethical considerations in managing quality of products and services.

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Definitions:

Puffing

An exaggerated or hyperbolic statement made by a seller about the quality of goods, often considered a subjective opinion rather than a factual claim.

Exaggerations

Statements or claims not supported by facts, or the act of making something seem greater or more important than it actually is.

Salesperson

is an individual who sells goods or services, often working on behalf of a company, and is typically compensated via salary, commission, or a combination of both.

Waive Warranties

The act of relinquishing one's right to enforce certain guarantees about the quality or functionality of a product or service.