Total quality management is a companywide management approach to ensure quantity products throughout the organization.
Answer the following statement true (T) or false (F)
True
Total quality management is a companywide management approach in which the entire organization is managed so that it excels on all dimensions of product and services that are important to the customer.
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Which of the following is an example of a solvent bank?
A. A bank that is out of funds to meet the demand of customers B. A bank with negative equity capital C. A bank that has high default risk on debt issue D. A bank with positive equity capital
Which of the following is a preference attributed to the rational style?
A. Dislike of being on a first-name basis with others B. Talking more and observing less when in groups C. Avoiding anger and conflict D. Having formal office spaces
Which of the following is more likely to be emphasized by the ‘cultural’ perspective on communication?
a. Through communication we seek to produce and share common meanings and interpretations b. Through communication we seek to influence and recruit others to our preferred views and interests c. Through communication we structure the organizational hierarchy d. All of the above
A law firm collected $2900 in advance for work to be performed in three months. Which of the following general journal entries will the firm make to record this transaction?
A. Debit Legal Fees Revenue, $2900; credit Accounts Receivable, $2900. B. Debit Cash, $2900; credit Accounts Receivable, $2900. C. Debit Cash, $2900; credit Unearned Legal Fees Revenue, $2900. D. Debit Accounts Receivable, $2900; credit Legal Fees Revenue, $2900. E. Debit Accounts Receivable, $2900; credit Unearned Legal Fees Revenue, $2900.