Examlex
What does "A" in Deming's PDCA cycle stand for?
Producers Better Off
A condition where producers experience an improvement in profitability or market position, often due to increased demand or reductions in costs.
Consumers Worse Off
A situation where consumers experience a decrease in their purchasing power or overall economic well-being.
Domestic Producers
Domestic producers are individuals or companies that manufacture goods or provide services within a country's borders, contributing to its domestic economy.
Domestic Consumers
Domestic consumers refer to individuals or entities within a country that purchase goods or services for personal use.
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