Total quality management is the total dedication to continuous improvement.

Answer the following statement true (T) or false (F)


True

Total quality management is the total dedication to continuous improvement and to customers so that the customers' needs are met and their expectations exceeded. This customer-oriented philosophy of management has important implications for virtually all aspects of organizational behavior. See 1-6: Change Creates Opportunities

Business

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a. True b. False Indicate whether the statement is true or false

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An audit opinion is a guarantee that the business is a going concern

a. True b. False Indicate whether the statement is true or false

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Typically, which of the following would be considered to be the most indicative of a firm's short-term debt paying ability?

a. Working capital b. Current ratio c. Acid test d. Cash ratio e. Days' sales in receivables

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In marketing terms, B2B stands for ________

A) buyer-to-buyer B) buyer-to-business C) business-to-buyer D) business-to-business E) bank-to-business

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