Which of the following is not one of the three objectives of a quality program?
a. Product quality should be consistent to always meet the purchaser's need(s).
b. A quality program should give management confidence that the quality is and will be at a constant level.
c. A quality program should give customers confidence that the intended quality will be achieved in products.
d. Product quality should always vary because customers change their wants and needs over time.
D
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International expansion can extend the life cycle of a product that is in its maturity stage in a firm's home country.
Answer the following statement true (T) or false (F)
A brand developed by a retailer and/or wholesaler that is available only in selected retail outlets is called a ________ brand
A) generic B) franchisee C) marque D) national E) private-label
Which department is usually responsible for a direct labor cost variance attributable to inexperienced workers on the assembly line?
A) purchasing B) production C) human resources D) engineering
Value generated by a project is ______.
A. the product of planned expenditures and percentage of tasks completed B. the ratio of planned expenditures to percentage of tasks completed C. the sum of planned expenditures divided by the number of tasks scheduled for completion D. the ratio of actual expenditures and percentage of tasks scheduled for completion