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In TQ Management,quality Is the Adherence to Internal Specifications and Standards

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In TQ management,quality is the adherence to internal specifications and standards.


Definitions:

Insight Tool

A software or methodology used by businesses to gain understanding and analysis of data related to their market, audience, or operations.

KPI Tracker

A KPI tracker is a tool or system used for monitoring and analyzing Key Performance Indicators (KPIs) to assess efficiency, effectiveness, and performance in various business areas.

Opportunity Cost

The cost of an alternative that must be forgone in order to pursue a certain action, essentially what is given up when choosing one option over another.

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