ISO 9000

A. is a set of five universal standards for a quality assurance system agreed to by the International Organization for Standardization (ISO).
B. ensures product quality.
C. is the standard most used for quality in the United States.
D. guarantees the performance of suppliers.


Answer: A

Business

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_____________occurs when some, but not all, of the information is passed on to the supervisor.

a. Gatekeeping b. Summarizing c. General distortion d. Withholding

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Which of the following is the correct formula for cell B5 to calculate the earnings per share?



a) =B2-B3*B2/B4
b) =(B2-B3)/B4
c) =B2*(1-B3)/B4
d) =(B2+B3*B2)/B4
e) =B2*(1+B3)/B4

Business

The margin of safety is a key concept of CVP analysis. The margin of safety is the

a. contribution margin rate. b. difference between budgeted contribution margin and actual contribution margin. c. difference between budgeted contribution margin and break-even contribution margin. d. difference between budgeted sales and break-even sales.

Business

Which of the following channel strategies helps in increasing the efficiency of local distribution systems by eliminating unnecessary middlemen?

A. coverage B. cost C. character D. continuity E. control

Business