According to the text, many firms who adopt TQM find that

A) the firm increases sales and profits.
B) quality is costly.
C) quality is free.
D) quality increases market share.
E) customers do not care about quality.

B

Economics

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If economists calculate the GDP for 2009, using current prices of year 2009, what are they estimating?

(A) Net national product (B) Real GDP (C) Nominal GDP (D) Depreciation

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To an economist, the term "needs"

A) means the purchase of necessary goods. B) is objectively undefinable. C) identifies the purchases of basic goods and services. D) refers to the purchase of goods by the poor.

Economics