Functions of Management and Types of Business Organizations Quiz

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LightHeartedPerception5328
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What are the functions of management in Total Quality Management (TQM)?

P - Planning, D - Directing, O - Organizing, C - Controlling, S - Staffing

What is the definition of Total Quality Management (TQM)?

A process that aims for continuous improvement of business operations

Which type of business organization involves buying and selling?

Merchandising

What is the formula for quality in TQM?

<p>Quality = Performance/Expectations</p> Signup and view all the answers

What is the main emphasis in decision making in TQM?

<p>Fact-based decision making</p> Signup and view all the answers

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