Tuesday, March 26, 2024

What is tqm in operations?

A basic definition of total quality management (TQM) describes a management approach for long-term success through customer satisfaction. In a quality management initiative, all members of an organization participate in improving processes, products, services, and the culture in which they work.


https://www.operations.icu/what-is-tqm-in-operations
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What are the 4 types of business competitors?

ICYMI: Economists have identified four types of competition: perfect competition, monopolistic competition, oligopoly, and monopoly. Many of...