Examlex
China's foreign direct investment in the U.S. has led to the creation of many jobs in China. This is an example of insourcing.
ISO Certification
A seal of approval from the International Organization for Standardization that indicates a company meets a set of defined standards for quality, safety, and efficiency.
Competitive Advantage
The attribute that allows an organization to outperform its rivals.
Statistical Quality Control
The application of statistical methods to monitor and control a process to ensure that the quality of products or services meets a specific standard.
Statistical Techniques
Mathematical methods used to collect, analyze, interpret, and present numerical data.
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