The _____ Is Given by the U

question 40

Multiple Choice

The _____ is given by the U.S.Government to businesses and nonprofit organizations that have been judged outstanding in quality leadership;strategic planning;customer and market focus;measurement,analysis,and knowledge management;human resource focus;process management;and results.

• A) Economic Times Award
• B) Ron Brown Award
• C) Malcolm Baldrige National Quality Award
• D) Golden Peacock National Quality Awards

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Definitions:

Technical Merits

The inherent value or quality of a project, system, or process based on its technical specifications, efficiency, and effectiveness.

Statutory Rate

The legally enforced tax rate set by government legislation.

Differential Tax Rates

Different rates of taxation applied to different levels of income, types of taxpayers, or types of activities, to achieve various economic or social objectives.

Effective Rate

The interest rate on a loan or financial product, re-calculated to include all fees and compounded interest, showing the true cost of the loan over its term.