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Use the following diagram to answer the following questions.
Note that HH represents lifetime earnings with a high school education and CC represents lifetime earning with a college education.
-Refer to Education. If HH represents lifetime earnings with a high school education and CC represents lifetime earning with a college education, then what area represents the benefits of a college education that are easily valued in dollars?
Deming Management
A management approach based on the principles of W. Edwards Deming, focusing on continuous improvement, quality control, and client satisfaction.
Zero Defects
A management philosophy aiming for the reduction of defects or errors in manufacturing or processes to zero.
Teamwork and Empowerment
The collaborative effort of a group combined with giving individuals the authority and responsibility to make decisions within their areas of expertise.
Crisis Management Program
A crisis management program is a planned and structured approach an organization undertakes to anticipate, assess, handle, and recover from potential crises.
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