Which of the following items is not a management concept that was created to improve company performance?
A)Just-in-time manufacturing.
B)GAAP constraints and guidelines.
C)Total quality management.
D)Continuous improvement.
E)Customer orientation.

Question

Quizplus · Accepted Answer

GAAP (Generally Accepted Accounting Principles) is a set of accounting standards and guidelines used for financial reporting, but it is not specifically a management concept created to improve company performance. The other options (just-in-time manufacturing, total quality management, continuous improvement, and customer orientation) are all management concepts aimed at improving company performance.

Which of the Following Items Is Not a Management Concept