What is a business philosophy that focuses on providing customers with superior products and services?
A)IFRS
B)TQM
C)ERP
D)XBRL

Question

Quizplus · Accepted Answer

TQM (Total Quality Management) is a business philosophy that focuses on providing customers with superior products and services. It emphasizes continuous improvement in all aspects of a business's operations, from product design to customer service. TQM also emphasizes the importance of involving every employee in the pursuit of quality, and using data and metrics to measure progress and identify areas for improvement. IFRS (International Financial Reporting Standards) is a set of accounting standards used to standardize financial reporting across different countries. ERP (Enterprise Resource Planning) is a software system used to manage a company's resources and operations. XBRL (eXtensible Business Reporting Language) is a standardized markup language used to report financial and business data.

What Is a Business Philosophy That Focuses on Providing Customers