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Marcus was asked to represent the cardiac unit as part of a Total Quality Management (TQM) initiative that is aimed at improving the overall quality of care at his hospital. Other departments, such as orthopedics, neurology, oncology, and pediatrics also have representatives on this team. This TQM team is an example of ________.
Partnership Capital
The total amount of resources contributed by partners to a partnership for the purpose of starting or expanding the business.
Partner's Contribution
Refers to the resources (capital, property, expertise) a partner brings into a partnership.
Corporation
A legal entity recognized by law as a separate entity from its owners with its own rights, liabilities, and obligations.
Board of Directors
A group of individuals elected to represent shareholders and govern the corporation's affairs and decision-making processes.
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