Examlex
An application of the DMAIC process to product design is known as:
Efficiency
The ability to achieve maximum productivity with minimum wasted effort or expense, often assessed in processes, systems, or organizations.
Top Executives Discretion
The authority and autonomy granted to high-level managers and executives to make decisions and take actions without needing approval from others.
Financial Reserves
Assets that are saved or conserved for future use, offering a buffer against financial challenges or emergencies.
Organizational Culture
The shared values, beliefs, norms, and practices that shape the social and psychological environment of an organization.
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