NCEA Level 3 Business Studies Practice Questions - New Zealand NCEA Level 3 Business Studies Exam

Which principle forms the core foundation of Total Quality Management (TQM) across global operations?

Continuous organization-wide improvement involving every employee to meet customer expectations Maximizing short-term profit margins by reducing raw material inspection costs Centralizing all quality inspection duties strictly within executive management teams Standardizing product designs to avoid adapting to foreign market cultural preferences

Correct Answer:

Continuous organization-wide improvement involving every employee to meet customer expectations

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