Activity for Creating,communicating,delivering,and Exchanging Offerings That Benefit Its Customers,the Organization,its

question 41

Multiple Choice

activity for creating,communicating,delivering,and exchanging offerings that benefit its customers,the organization,its stakeholders,and society at large is referred to as __________.

• A) manufacturing
• B) advertising
• C) marketing
• D) selling
• E) promotion

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Definitions:

Cost Of Goods Manufactured

The total production cost of goods completed during a specific period, whether they are sold or not.

Cost Of Goods Sold

Direct costs attributable to the production of the goods sold by a company, including material and labor costs.

Total Quality Management

A management approach focused on improving the quality of an organization's outputs, including goods and services, through continual feedback and improvements.

Zero Defects

A performance standard aiming for no defects in the production process to enhance product quality.