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To Effectively Implement Total Quality Management, Managers Should

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To effectively implement total quality management, managers should


Definitions:

Consumer Markets

Refers to spaces or systems where goods and services are sold by businesses to the end-user, typically for personal or household use.

Economic Activity

Actions that involve the production, distribution, and consumption of goods and services within an economy.

Poverty

The state where an individual or community lacks the financial resources and essentials for a minimum standard of living.

Inheritance

The process by which property, titles, debts, rights, and obligations are transferred from the deceased to their legal heirs or beneficiaries.

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