Examlex
The median age (the age at which half the population is older and half is younger) has increased dramatically in the developed world because:
New Markets
Refers to untapped or emerging sectors or geographic areas where a business can expand its operations or sales.
Reactive Change
Change that occurs after external forces have already affected performance
Reengineering
The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance, such as cost, quality, service, and speed.
Six Sigma
A set of principles and practices whose core ideas include understanding customer needs, doing things right the first time, and striving for continuous improvement.
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