Match the Following: -Quality Team

question 39

Multiple Choice

Match the following:
-Quality team

• A)Simple rules used to determine final group decisions
• B)A symptom of groupthink
• C)A technique for group decision making
• D)A small group of employees who work voluntarily on company time, to address work-related problems such as quality control and cost reduction
• E)A team that is part of an organization's structure and is empowered to act on its decisions regarding product
• and service quality

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Definitions:

Line Item Pricing

A pricing method where each individual item or service is priced separately rather than bundled together.

Discretionary Pricing

A pricing strategy where the seller has the flexibility to set prices based on market conditions, costs, or personal judgment.

Perceived Value

The consumer's assessment of the worth or utility of a product based on its ability to meet needs and expectations, relative to its cost.

Price Differentials

The variation in price levels for the same product or service in different markets or segments, due to factors like location or quality.