Which of the following is the final step in the five-step chain reaction on which the philosophy of total quality management (TQM) is based?
A) Better use of time and materials
B) Increase in a company's profitability
C) Creation of more jobs
D) Higher market shares due to superior quality of products
E) Improvement in productivity
Correct Answer:
Verified
Q43: Which of the following statements regarding customer
Q44: Just-in-time inventory (JIT) systems:
A) are used only
Q45: Which of the following is NOT a
Q46: Cream Cups bakes cakes in several varieties
Q47: Mass customization:
A) limits a company's ability to
Q49: Unlike traditional manufacturing, flexible manufacturing:
A) decreases efficiency.
B)
Q50: Which of the following refers to unit
Q51: Quality can best be thought of as:
A)
Q52: The experience-curve concept:
A) helps a company realize
Q53: A company's hiring strategy:
A) directly affects employee
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