Examlex
OD practitioners have recently given greater focus to organizational effectiveness and bottom line results.
Minimizes Costs
Strategies or actions taken to reduce expenses and financial outlay in business operations or personal budgeting.
Efficiency
The ability to achieve a desired result with minimal waste of time, effort, or resources.
Quality Improvement
An ongoing process of detection and reduction of errors, improvement of operations, and ensuring that standards of quality are met consistently.
TQM
Total Quality Management; a comprehensive approach to organizational management that seeks to improve the quality of products and services through ongoing refinements in response to continuous feedback.
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