Lean Bronze

Category - Continuous Improvement

Supplier assessment and feedback allows the organization to determine supplier performance in terms of quality and service. Which form of cost management is a quality-related term that encompasses the physical aspects of a product, its desired performance, and its appropriateness of application?
  1. Improved form, fit, and function.
  2. Improved quality and use.
  3. Administrative savings and heightened quality.
  4. Easier use and improved capability.
Explanation
Answer: A - Improved form, fit, and function is a form of cost management that encompasses the physical aspects of a product, its desired performance, and its appropriateness of application. The remaining answers do not define forms of cost management; rather they focus on improved quality and use, easier use and improved capability, and administrative savings and heightened quality.
Was this helpful? Upvote!
Login to contribute your own answer or details

Top questions

Related questions

Most popular on PracticeQuiz