Examlex
Investment may be thought of in each of these terms except
Direct Labor
The wages or salaries paid to employees directly involved in the production of goods or services.
Finished Product
An item that has undergone the entire manufacturing process and is available for purchase.
Total Quality Management
A management approach focused on continuous improvement of processes, products, and services through employee involvement and customer feedback.
Quality Improvement
Initiatives or processes aimed at enhancing the standard, effectiveness, or reliability of products, services, or operations.
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