Which of the following is NOT one of TQM's objectives?
A) greater flexibility in adjusting to customers' shifting requirements
B) lower cost through quality improvement and elimination of non-value-adding work
C) increased alignment of employee goals with management's objectives
D) quicker, less variable response in processes to customer needs
E) better, less variable quality of the product and service
C
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A lending type investment, such as a corporate bond, represents a legal obligation for the issuer to pay its creditors back
Indicate whether this statement is true or false.
When a reserve currency country runs a balance of payments deficit and a nonreserve currency country buys the reserve currency to finance the reserve country's deficits, the monetary base in the nonreserve country ________ and the monetary base in
the reserve country ________. A) increases; decreases B) increases; does not change C) decreases; does not change D) decreases; increases