According to TQM philosophy, who is responsible for defining what constitutes quality for a product or service?

A. CEOs
B. service personnel
C. quality control engineers
D. marketing managers
E. customers


Answer: E

Business

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Davis Corp has three employees. Each earns $600 per week for a five day work week ending on Friday. This month the last day of the month falls on a Wednesday. The company should make which of the following adjusting entries?

a. Credit Wage Expense for $360 and debit Wages Payable for $360 b. Debit Wage Expense for $1,080 and credit Wages Payable for $1,080 c. Credit Wage Expense for $1,080 and debit Wages Payable for $1,080 d. Debit Wage Expense for $360 and credit Wages Payable for $360

Business

Assuming no preferred stock exists, total stockholders' equity divided by the number of shares of common stock outstanding is equal to ________________________________________

Fill in the blank(s) with correct word

Business

For a group of people to become a public, which of the following does NOT occur?

A) They must face a similar situation. B) They must recognize what is problematic in that situation. C) They must organize to confront a problem. D) They must seek public relations counsel in order to resolve the situation.

Business

A special power of attorney permits an agent to transact all business for a principal

Indicate whether the statement is true or false

Business