Wow, someone talking about Dr. Juran. In my career I was able to actually attend a conference of which he was the main attraction. Not sure if your statement requires an answer besides, true or false.
Hope you find some real good info below about him and his focus. It wasn't MONEY.
The Juran trilogy:
Juran was one of the first to write about the cost of poor quality. This was illustrated by his "Juran trilogy," an approach to cross-functional management, which is composed of three managerial processes: quality planning, quality control, and quality improvement. Without change, there will be a constant waste; during change there will be increased costs, but after the improvement, margins will be higher and the increased costs are recouped.
Answer:
The correct answers are letters "A", "B", and "D": Difficult entry, Market control by a few large firms; Mutual interdependence.
Explanation:
An oligopoly is when a <em>small group of two or more large firms controls the market</em>. Oligopolistic firms may<em> contribute to market collusion, and build obstacles to new trade entry</em>. If the companies do not, they are likely to be forced to lower their prices and open the market to smaller companies.
Answer:
Value-Added.
Explanation:
A value-added perspective on quality involves a subjective assessment of the efficacy of every step on the process for the customer. A value-added perspective on quality is a strategic business approach in which businesses engage in activities that brings value, benefits or satisfaction to the consumer of its goods and services, to achieve this goal, business managers usually ensures that the manufacturing and distribution process or steps are effective and efficient.
Answer:
The correct option is d.
Explanation:
It is given that $15,000 is considered to be material to the income statement, but $25,000 is material to the balance sheet.
Material to the income statement = $15,000
Material to the balance sheet = $25000
The auditor should set overall materiality according to the income statement.
The auditor should set overall materiality at $15,000.
Therefore the correct option is d.