Which one of the following is part of prevention costs?

A) the costs of quality audits
B) the costs resulting from scrap
C) the costs of improving process design and product design
D) the costs of lawsuits from injury from use of the product

C

Business

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Some visions are accidental; a company may stumble into an opportunity, and the leader may get credit for foresight.

a. true b. false

Business

The type of risk that involves the chance of both loss and gain is

A) pure risk B) impure risk C) whole risk D) speculative risk"

Business