Examlex
Why is it important to understand the difference between research costs and development 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.
Job Classifications
The categorization of different jobs within an organization based on duties, responsibilities, and the level of expertise required.
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