A National Quality Award That Encourages an Emphasis on Quality

question 61

Multiple Choice

A National Quality Award that encourages an emphasis on quality was established by:

• A) The Malcolm Baldrige Foundation.
• B) The United Nations.
• C) The SEC.
• D) The U.S. Chamber of Commerce.
• E) The U.S. Congress.

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Definitions:

Health Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured or reimburses the insured for expenses incurred from illness or injury.

Performance Compensation

A pay system where employees' remuneration is directly linked to their performance or the outcomes they achieve.

Employees' Control

The extent to which workers have power or influence over their work environment and decision-making processes.

Variable Salary

A compensation structure where a portion of an employee's pay is based on some form of performance measure, leading to fluctuations in earnings.