Examlex
What is a business plan and why is it important?
Functional Flexibility
The ability of an organization to manage and utilize its workforce in a way that can quickly respond to changes without significant additional costs.
Continuous Process Strategy
An approach focusing on improving and optimizing ongoing operations and processes for efficiency and effectiveness.
Kaizen
A Japanese term meaning "change for better," referring to the practice of continuous improvement in all aspects of life, especially in business efficiency and quality.
Total Quality Management
A comprehensive management approach that focuses on continuous improvement of products, services, and processes by involving all employees.
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