If a Business Is Considering the Option of Processing Its

question 77

Multiple Choice

If a business is considering the option of processing its product further,it ignores the ________.

• A) additional costs necessary to process further
• B) additional revenue that can be earned if processed further
• C) cost that is required to produce the basic product before processing further
• D) fact that additional processing will produce any environmental toxins

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Definitions:

Customer Satisfaction

A measure of how products and services supplied by a company meet or surpass customer expectations.

National Quality Award

An accolade given to companies that exhibit outstanding quality management and operational excellence.

Malcolm Baldrige Foundation

A foundation that supports the Malcolm Baldrige National Quality Award, which recognizes U.S. organizations for their achievements in quality and performance.

U.S. Congress

The bicameral legislative body of the federal government of the United States, consisting of two houses: the Senate and the House of Representatives.