Discuss the concept of total quality management
TQM is a company-wide quality system that emphasizes employee involvement in improving product or service quality throughout the firm. It uses a continuous improvement process that is always striving to update upon the existing system. It uses techniques that encourage employees to make suggestions about how the product or production process can be improved. TQM necessitates an internal managerial system of decision making, controlling, and planning. TQM involves continuous improvement that exceeds customer/client expectations.
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On June 30, a company paid a premium of $2,400 for one year of insurance coverage, which started on July 1. The company has a calendar year-end. Which of the following statements about this situation is correct?
A. Prepaid Insurance of $2,400 will be reported on the balance sheet at December 31. B. Insurance Expense of $1,200 will be reported on the income statement for the year ending December 31. C. Prepaid Insurance of $200 will be reported on the balance sheet at December 31. D. On June 30, Cash would be debited for $2,400.
In global marketing research, it is important to establish scalar equivalence when obtaining information from different countries
Indicate whether the statement is true or false
Within a few days of certain major events, a report must be issued by publicly held corporations to
a. stockholders. b. the SEC. c. Dun & Bradstreet. d. creditors.
Which of the following is included in lower order needs according to Maslow’s hierarchy of needs?
A. self-actualization B. esteem C. physiological D. social