For businesses, consumer penalties are part of doing business in a highly competitive marketplace

Indicate whether the statement is true or false
a. True
b. False

ANSWER: True

For companies, consumer penalties are part of doing business in a highly competitive marketplace. Consumer penalties are extra fees paid by consumers for violating the terms of a purchase agreement.

Business

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________ requires each individual to be focused on the quality of his or her own output

A) Total quality management B) Quality-of-life index C) Integrated business planning D) Organizational restructuring

Business

Decision rights are the policies that tell individuals who's responsible for generating certain

information and who's authorized to act on it. Indicate whether the statement is true or false

Business