Total Quality Management (TQM)________

question 73

Multiple Choice

Total quality management (TQM) ________.

• A) does not advocate high quality levels for all products
• B) is not used in the development of organizational goals
• C) promotes maximizing the cost of quality
• D) focuses on the prevention of defects and on the achievement of customer satisfaction

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Definitions:

Indorsement

A signature or stamp placed on a negotiable instrument (such as a check) that indicates the future control or ownership of the instrument.

Secondary Liability

Secondary liability occurs when a party is held responsible for the actions of another, typically in situations where the primary party fails to fulfill their obligations.

Contingent Liability

A potential financial obligation that may occur, depending on the outcome of a future event.

Huntington National Bank V.Guishard

This likely refers to a specific legal case or decision involving Huntington National Bank and an individual or entity named Guishard, but without additional context, a detailed definition cannot be provided.