Examlex
A budget that can be easily adjusted to show budgeted revenues,costs,and cash flows at different levels of activity is known as:
Continuous Improvement
Continuous improvement is an ongoing effort to improve products, services, or processes through incremental and breakthrough improvements.
Total Quality Management
A management approach focused on continuous improvement of processes, products, and services by involving all employees in quality-related activities.
Customer Orientation
A business strategy that focuses on creating a positive experience for customers, prioritizing their needs and satisfaction.
Factory Overhead
The total of all indirect costs involved in manufacturing a product, including expenses such as utilities, maintenance, and salaries of indirect labor.
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