Examlex
Managers must be able to follow through with plans even if conditions change.
Value Chain
A series of activities that companies perform to bring a product or service from conception to the marketplace.
Six Sigma
A quality standard of 3.4 defects or fewer per million products or service deliveries.
Quality Standard
A set of criteria and guidelines that outlines the specific requirements, specifications, and characteristics of a product or service to ensure it meets its purpose effectively and efficiently.
Continuous Improvement
An ongoing effort to improve products, services, or processes to enhance quality and efficiency.
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