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Q. What are the characteristics of total quality management?
Characteristics of total quality management:
1. Get this right first time philosophy
2. Continuous enhancement for example, aims in the direction of zero defects, idle time and wastage.
3. Quality assurance systems and procedures
4. Culture of 'quality is everybody's concern'
5. Participation and teamwork promoted
Do you believe that MBO is appropriate for an organization where the primary output is innovation? If not why not? If so, how would you apply MBO to improve the innovation process
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What is the yield to maturity of a bond that pays an 3% coupon rate, matures in 15 years, and is currently selling for $850? a.) 8.75% b.) 4.37% c.) 4.39% d.) 17.50%
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