The Purpose of Total Quality Management Is To

question 3

Multiple Choice

The purpose of Total Quality Management is to:

• A) Ensure that the client is getting quality care at top value for money spent
• B) Provide cost-efficient care across all age groups
• C) Provide necessary care to clients in a cost-effective system
• D) Provide efficient systems of primary care

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Definitions:

Book Value Per Share

A financial metric that calculates the value of a company's equity divided by the number of outstanding shares.

Cash Dividends

Payments made by a corporation to its shareholder members. It is the share of profits distributed in cash.

Treasury Stock

Shares reacquired by the issuing company, reducing the amount of outstanding stock on the open market.

Appropriated Retained Earnings

Portion of retained earnings that a company reserves to be used for specific purposes or to meet future obligations.