Which of the Following Statements Concerning Quality Is True

question 122

Multiple Choice

Which of the following statements concerning quality is true?

• A)Quality can be inspected into a product.
• B)Quality should be designed into a product.
• C)Quality is continual,once achieved.
• D)Quality means meeting management guidelines.

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Definitions:

Day Trader

An individual who buys and sells financial instruments, such as stocks, within the same trading day, aiming to capitalize on short-term market fluctuations.

Investing

The act of dedicating resources (such as capital, time, or effort) to an endeavor with the expectation of achieving a profit or material result.

Standard Deviation

A statistical measure that quantifies the variability or spread of a set of numbers around their mean; it helps in assessing data consistency.

Q Index Fund

A type of investment fund that aims to replicate the performance of a specific index, often by holding the same assets as the index.