A Vital Assumption and Premise of TQM Is That Product

question 43

True/False

A vital assumption and premise of TQM is that product managers are the final judges of quality.

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Definitions:

Accumulated Depreciation

The cumulative sum of depreciation costs allocated to a fixed asset from the time of its purchase.

Supplies

Items used in the operations of a business that are consumed or used up in the short term.

Sales Revenues

Sales revenues represent the total amount of money earned by a company from its sales of goods or services before any expenses are deducted.

Plant Equipment

Assets that are durable and used in operations to produce goods and services, typically including machinery, vehicles, and tools.