List and Explain the Core Values of Total Quality Management

question 95

Essay

List and explain the core values of total quality management (TQM).

Identify and describe the different styles of conflict management.

Recognize the relationship between conflict management styles and relationship satisfaction.

Comprehend the advantages and disadvantages of various conflict management styles.

Understand the development and changeability of an individual's conflict style.

---

Definitions:

Sales Revenues

The income received by a company from its sales of goods or the provision of services, before any expenses are deducted.

Variable Costs

Variable expenses directly linked to the operational scale of a business.

Variable Costing

Variable costing is an accounting approach that includes only variable production costs (materials, labor, and overhead) in product costs, omitting fixed costs.

Net Income

The total profit of a company after all expenses, taxes and costs have been subtracted from total revenue.