A misconception resulting from the influence of contemporary superpowers on spectator sports, and perpetuated by popular media, is that the term globalization is often equated to Americanization.

In order to increase the net profit of a business, the NMC of any proposed strategy must ________

A) be equal to the current NMC B) be equal to the difference of the current NMC and the marketing and sales expenses C) be equal to the total operating income D) be lower than the current NMC E) exceed the current NMC

Total quality management emphasizes:

A) the responsibility of the quality control staff to identify and solve all quality-related problems. B) a commitment to quality that goes beyond internal company issues to suppliers and customers. C) a system where strong managers are the only decision makers. D) a process where mostly statisticians get involved. E) ISO 14000 certification.