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Originally introduced by Motorola and popularized by General Electric (GE), the __________philosophy has become one of the major contributors to TQM.
Strengths Only
A focus on utilizing and enhancing an individual's or organization’s existing positive attributes and skills.
Strategy Formulation
The process of developing strategies to achieve organizational goals through analysis, planning, and decision-making.
Value Creation
What the firm adds to a product or service by virtue of making it; the amount of benefits provided by the product or service once the costs of making it are subtracted.
Product
A good, idea, method, information, object, or service created as a result of a process and serves a need or satisfies a want.
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