TQM Is A(n)______ Program That Considers Many Needs and Requirements

question 41

Multiple Choice

TQM is a(n) ______ program that considers many needs and requirements of customers and suppliers.

• A)technical based
• B)individual employee
• C)outdated but still often used
• D)comprehensive and organization wide
• E)rarely used but excellent

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Definitions:

Nonsystematic Variance

The portion of a security's variance that is unique to the specific security and can be mitigated through diversification.

Market Index

An aggregate value produced by combining several stocks or other investment vehicles together and expressing their total values against a base value from a specific date.

Active Portfolio

An active portfolio refers to a collection of investments that are managed and regularly adjusted by portfolio managers in an attempt to outperform the market.