Describe the Rationale Underlying ISO 9000:2000

question 77

Essay

Describe the rationale underlying ISO 9000:2000.

Understand the definitions and distinctions between population and sample Spearman rank correlation coefficients.

Recognize the calculation method for the Spearman rank correlation coefficient.

Distinguish when Spearman and Pearson correlation coefficients provide the same value.

Identify the characteristics of a strong decreasing linear relationship as indicated by the Spearman rank-correlation coefficient.

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Definitions:

Irreparable Harm

Damage or injury that cannot be adequately remedied by money damages and therefore often justifies a court's granting of injunctive relief.

Materially Breached

Pertaining to a serious violation or failure to perform one’s duties under a contract that justifies the other party's right to terminate the agreement.

Substantially Breached

A significant failure to fulfill one's duties under a contract, which justifies the other party's right to terminate the agreement and seek damages.

Anticipatory Breach

Occurs when one party to an agreement makes it clear, before the performance is due, that they do not intend to fulfill their contractual obligations.