W Edwards Deming's 14 Points for Implementing Total Quality Management

question 93

Multiple Choice

W. Edwards Deming's 14 points for implementing total quality management include all of the following EXCEPT:

• A) learn a new philosophy of quality to improve every system.
• B) impose financial controls on production.
• C) institute modern on-the-job training.
• D) improve supervision to develop inspired leaders.
• E) drive out fear and instill learning.

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Definitions:

Debentures

A type of long-term debt instrument that is not secured by physical assets or collateral.

Callable Unsecured Bonds

Bonds that can be redeemed by the issuer before their maturity date at a specified call price and are not secured by collateral.

Subordinated Debentures

Bonds that have a lower priority than other debt obligations in case of liquidation, often carrying higher risk and yield.

Bonds

Fixed income investments where an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period at an interest rate.