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Juran opposed Deming's policy which stated that fear can bring out the best in people.
GAAP
Generally Accepted Accounting Principles, a standard framework of guidelines for financial accounting.
Earnings Benchmarks
Standards or metrics against which a company's profitability can be measured.
Discretionary Spending
Expenditures made at the discretion of a business or individual, which are non-essential and can be adjusted or eliminated.
Accounting-Based Incentives
Compensation schemes for employees or executives that are tied to accounting performance measures, such as earnings or return on assets.
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