Examlex
To deliver consistently high-quality service, firms should allow service quality goals to be general to accommodate various needs of consumers.
Continuous Improvement
An ongoing effort to improve products, services, or processes by making incremental improvements over time.
Bottlenecks
Points of congestion or obstruction in a system that significantly delay or impede its overall function or efficiency.
Customer Value
The understanding of a product or service's value to a customer compared to other available options.
Profitability
The ability of a business to earn a profit, reflected in the difference between its revenue and expenses.
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