A philosophy that encompasses a collection of processes that seek to improve quality continuously to please customers, reduce costs, and ultimately create competitive advantage for the firm is referred to as:
a. TQM
b. SCM
c. ASQ
d. JIT
a. TQM
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The ____ is where a transaction can first be found on the accounting records
A) chart of accounts B) income statement C) balance sheet D) journal
Organizations should establish ______ plans with the overall objective being to respond to an emergency and manage the process of restoring the organization.
A. health and safety B. affordable care C. de-stressing D. emergency response
The social desirability bias is
A. the desire to be accepted as a foreigner in the local setting, so assuming local dress and mannerisms. B. a bias in favor of those locals who pretend to like and accept the researcher. C. the respondent's desire to please the researcher, leading to answers calculated to please. D. the desire to become part of the social in-group in the new setting, with high status.
An airline stocking up on fuel when prices are low in anticipation of rising prices is building up?
a. Cycle inventory b. Hedge inventory c. Safety stocks d. Transportation inventory