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According to the CAPM, the required rate of return on stock is a positive function of all of the following, except:
International Quality Standards
Guidelines and specifications set by international bodies to ensure products, services, and systems are safe, reliable, and of good quality.
Operations
the day-to-day activities required for a business to function effectively, including production, supply chain, and service delivery.
Continuous Improvement
Continuous improvement is an ongoing effort to enhance products, services, or processes through incremental improvements over time or breakthrough improvements all at once.
Total Quality Management
A management approach focused on continuous improvement of processes, products, and services by involving all members of an organization.
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