Prevention Activities

question 111

Multiple Choice

Prevention activities:

• A) seek to prevent defects in the products or services being produced.
• B) inspect inputs and attributes of individual units of products or services to detect whether they conform to specifications or customer expectations.
• C) correct defective processes or products and services before they are delivered to customers.
• D) are activities required after defective products or services are delivered to customers.

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Definitions:

Cooperation

A process where groups of individuals or organizations work together to achieve mutual benefits or common goals.

Clayton Act

A U.S. antitrust law, passed in 1914, aimed at promoting fair competition and preventing monopolies by prohibiting certain types of discriminatory prices, mergers, and acquisitions.

Sherman Antitrust Act

A landmark federal statute in the United States passed in 1890 aimed at regulating competition among enterprises, prohibiting monopolistic practices and promoting fair competition.

Tying

A form of anti-competitive practice where a seller requires the buyer to purchase another one of their products as a condition of buying the desired product.