According to Deming, Which of the Following Is a Creative

question 85

Multiple Choice

According to Deming, which of the following is a creative idea for enhancing organizational success?

• A) Create relevant policies on quality management that are clear and unambiguous.
• B) Develop communications systems that allow managers to respond immediately to quality issues.
• C) Encourage self-development of workers as more useful players in maintaining quality.
• D) Begin each management meeting with a factual and financial review of quality.
• E) Dedicate the quality management function to measuring conformance to requirements.

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Definitions:

Preceding Year

The year that directly comes before the current year, often used as a reference point for financial analysis or comparison.

Quick Ratio

A liquidity measure that indicates a company's ability to pay its current liabilities without relying on the sale of inventory, calculated as (current assets - inventory) / current liabilities.

Marketable Securities

Financial instruments that can be easily bought or sold on public stock exchanges or other financial markets.

Accounts Receivable

Amounts due from customers for goods or services provided by a firm, yet to be paid.