Establishing measurements based on customer needs for optimizing product design is known as ______________
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Quality planning
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quality improvement
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quality control
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fourteen points framework for quality and productivity improvement was suggested by ______________
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Crosby
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Ishikawa
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Deming
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Based on his 14 Points, Deming is a strong proponent of ______________
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inspection at the end of the production process
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an increase in numerical quotas to boost productivity
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looking for the cheapest supplier
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TQM stands for ______________
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Total Quality Management
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Total Quantity Management
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Total Qualitative Management
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Inspection, scrap, and repair are examples of ______________
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internal costs
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external costs
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costs of dissatisfaction
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Assured quality is necessary for building customer confidence.
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correct
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correct to some extent
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correct to great extent
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Automatic stabilizers drive changes in
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The total deficit
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The cyclical deficit
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The structural deficit
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The economist who said that international trade was based upon the concept of absolute advantage was:
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David Ricardo
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Adam Smith
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J.S.Mill
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With respect to efficiency wage models the efficiency of workers depends
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Positively on the money wage they are paid
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Positively on the real wage paid
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Inversely on the age of the workers
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When automatic fiscal stabilizers are in place, a shock that causes a fall in the level of economic activity automatically
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Results in a decline in the federal budget deficit that lessens the fall in income
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Results in a rise in the federal deficit that lessens the fall in income
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Requires the federal government to balance the budget
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