Examlex
Deming emphasized that knowledge is not possible without theory,and experience alone does not establish a theory.
Business Operations
Encompasses all the activities and tasks that a business engages in on a day-to-day basis to run smoothly and efficiently, delivering goods or services to customers.
Essentials
Fundamental elements or components necessary for the basic functioning or success of a system, organization, or activity.
Succession Plan
A strategy for identifying and developing new leaders who can replace old leaders when they leave, retire, or die, to ensure organizational continuity.
Retirement Contingency
A plan or preparation for potential variables or unforeseen events that may affect one's retirement.
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