Examlex
Juran,like Deming,believes that a large majority of quality defects are management's responsibility.
Full Employment
A situation in an economy where all available labor resources are being used in the most efficient way possible, often characterized by the absence of involuntary unemployment.
Economic Growth
Enhanced production of goods and services within an economic framework during a set period, customarily quantified by the Gross Domestic Product.
Bad Depression
An exceptionally severe and prolonged downturn in economic activity, characterized by significant declines in income and employment.
Innovators
Individuals or entities that introduce new ideas, products, or methods, leading to change or progress.
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