All of the Following Are Examples of Total Quality Management

question 54

Multiple Choice

All of the following are examples of total quality management practices except

• A)redesign of a product to reduce its parts by 50 percent.
• B)reduction in the movement required in a manufacturing joB.
• C)separating the sales and services functions.
• D)raising raw material quality standards.

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Definitions:

Rates of Return

The increase or decrease in value of an investment during a given time frame, shown as a percentage of the original investment cost.

World Stock Portfolio

A collection of stocks from companies located in various countries around the world, aiming for global diversification.

Volatility

Refers to the degree of variation of a trading price series over time, commonly measured by the standard deviation of logarithmic returns, indicating the risk associated with a security or market.

Treasury Bills

Short-term government securities with maturity periods of one year or less, issued at a discount from their face value.