Examlex
Technical skills are particularly important at lower organizational levels, whereas conceptual skills become more important as managers move up the organizational hierarchy.
Pareto Chart
A type of chart used in quality control and project management that combines both bars and a line graph, where individual values are represented in descending order by bars, and the cumulative total is represented by the line.
Cumulative Total
The sum of all values in a sequence, typically used in reference to numerical data or financial transactions.
Frequency
The rate at which something occurs over a particular period of time or in a given sample.
Deming Approach
A continuous quality improvement model consisting of a logical sequence of four key stages: Plan, Do, Check, Act (PDCA).
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