Which of the Following Is a Consequence of Organizational Activities

question 68

Multiple Choice

Which of the following is a consequence of organizational activities that contribute to product quality?

• A) lower market share
• B) lower warranty costs
• C) greater rework and scrap costs
• D) greater liability costs
• E) higher manufacturing costs

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Definitions:

Joint Ventures

A commercial enterprise undertaken jointly by two or more parties that otherwise retain their distinct identities.

Taxed

Subject to a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization.

Formal Agreement

A legally binding contract or document established between two or more parties, outlining specific terms and conditions that are enforceable by law.

Distributorship

A type of franchise in which the franchisor manufactures a product and licenses a dealer to sell the product in an exclusive territory.