An Organization Wide Commitment to Infusing Quality into Every Activity

question 15

Short Answer

An organization wide commitment to infusing quality into every activity through continuous improvement is called _____.

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Definitions:

Alpha

A measure of the active return on an investment compared to a market index, used to assess the performance of an investment such as a stock or portfolio.

MAD

An acronym for Mean Absolute Deviation, which measures the average magnitude of errors in a set of predictions, without regard to direction.

Weighted Moving Average

A method used in statistics and analysis that calculates the average of a data set by giving different weights to different data points.

Demand Data

Information related to the desire for and consumption of goods or services, used for analysis in business strategy and planning.