Examlex
Which of the following terms is used to describe a personal characteristic that is essential to doing a job successfully?
Total Quality Management (TQM)
A management approach centered on continuous improvement, focusing on quality control across all areas of an organization.
Product Leadership
A strategy that aims to build a company’s reputation for cutting-edge products and innovation, leading the market through quality and new features.
Operational Excellence
Creates a competitive advantage by holding down costs to provide customers with the lowest-priced products.
Corridor Principle
The idea that opportunities become available to an entrepreneur only after the entrepreneur has started a business.
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