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Explain the difference between debt financing and equity financing.
Continuous Improvement
An ongoing effort to improve products, services, or processes through incremental and breakthrough improvements.
Contingency Thinking
A decision-making process that takes into account various possible situations or outcomes and plans accordingly.
Total Quality Management
A management approach focused on long-term success through customer satisfaction, involving all members of an organization in improving processes, products, services, and culture.
Strategic Objectives
Specific, measurable goals that an organization aims to achieve to realize its strategic vision and mission.
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