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(Figure: Determining Surplus 4) In the graph, consumer surplus is equal to
Total Quality Management
A comprehensive approach to long-term success through customer satisfaction, emphasizing continuous improvement of processes and products.
Self-Managing Work Teams
Groups of employees granted the autonomy to plan, execute, and monitor their work activities with minimal direct supervision.
Continuous Quality Improvement
A systemic and persistent effort to make incremental improvements in processes and systems to enhance quality.
Continuous Improvement
A continuous endeavor aimed at enhancing products, services, or processes through both minor and major advancements.
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