In a TQM environment, what are some steps that companies use to emphasize the importance of quality?

What will be an ideal response?

Answer: To ensure high-quality goods and services, many firms assign responsibility for some aspects of TQM to specific departments or positions. More broadly, leaders of the quality movement use various methods and resources to foster a quality focus-training, verbal encouragement, teamwork, and tying compensation to work quality. Total quality management (TQM) includes all the activities necessary for getting high-quality goods and services into the marketplace.

Business

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Indicate whether the statement is true or false

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What does the put provision for a bond entitle the bondholder to do?

What will be an ideal response?

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