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The Performance Excellence Award Criteria Are Based on Components of the Malcolm

question 72

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The Performance Excellence Award criteria are based on components of the Malcolm Baldrige National Quality Award,and are geared toward China's unique business environment.


Definitions:

BioFuel Energy

Energy produced from organic materials or biomass, offering a sustainable alternative to fossil fuels.

Ethanol Producer

A company or facility that manufactures ethanol, a type of biofuel, often from agricultural products like corn or sugarcane.

Utility

In economics, a measure of satisfaction or happiness that individuals get from consuming goods and services.

Time Utility

The value added to products or services by making them available at the right time to meet consumer needs.

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