Examlex
Firms with a physical presence in several different nations are considered multinational corporations.
Formal Feedback
Structured and officially provided responses or evaluations, often related to job performance or project outcomes.
Continuous Improvement
A management philosophy focusing on the incremental improvement of products, services, and processes over time.
Lean Business Model
An approach to business aimed at creating value for customers with minimal waste and resources.
Planning (P)
The process of setting objectives, developing strategies, and outlining tasks and schedules to achieve the goals.
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