Examlex
A leveraged buyout is when a group of investors use equity to buy a highly leveraged company that is in distress, and pay down the debt using their equity.
Improve Quality
The process of making enhancements to the standard of products, services, or processes to increase customer satisfaction and achieve better outcomes.
Lower Costs
A reduction in the expenses incurred by a business or organization, improving profitability.
Supplier Expectation
The set of standards or requirements that suppliers believe they should meet in their dealings with purchasing organizations.
Jidoka
A concept in lean manufacturing that empowers machines and workers to stop the production line when a defect is detected.
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