Which of the Following Statements Is Most Correct with Respect

question 25

Multiple Choice

Which of the following statements is most correct with respect to total quality management?

• A)Quality control is the responsibility of specialists who randomly perform quality checks on items as they leave the assembly line.
• B)Quality is a customer-oriented philosophy with important implications for virtually all aspects of organizational behavior.
• C)Quality is an employee-oriented philosophy required by quality engineers.
• D)Quality is machine driven with quality improvements resulting from use of robotic equipment.

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Definitions:

FOB Destination

A shipping term where the seller bears the shipping costs and retains ownership of the goods until they are delivered to the buyer’s location.

Gross Profit

is the difference between the revenue generated from sales and the cost of goods sold, indicating the financial health and profitability of a company's core activities.

Net Profit

The amount of money that remains from revenues after all the operating expenses, taxes, and costs have been subtracted.

Discounts

Reductions applied to the regular price of goods or services, often to stimulate sales or clear out inventory.