Post Utme Covenant University 2021 Commerce Question 40

Practice objective / multiple choice question 40 from the 2021 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2021 Commerce Objective / Multiple Choice
Question 40 POST_UTME_COVENANT_UNIVERSITY • 2021 • COMMERCE • objective

A company is considering implementing a total quality management (TQM) system to improve its product quality. The company has identified several potential benefits of TQM, including improved product quality, increased customer satisfaction, and reduced costs. However, the company is also aware of several potential drawbacks, including increased training costs, higher quality control costs, and reduced product availability. Which of the following is a key consideration for the company when deciding whether to implement TQM?

Answer Options

A. The company's ability to reduce its training costs
B. The company's ability to improve product quality
C. The company's ability to increase customer satisfaction
Correct Answer D. The company's ability to reduce its quality control costs
Correct Answer
D
Correct Option:
The company's ability to reduce its quality control costs

About This Question

This is Post Utme Covenant University 2021 Commerce Question 40. It is one of the objective questions from the 2021 Post Utme Covenant University Commerce examination.

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