Examlex
"Employees cannot produce goods that on average exceed the quality of what the process is capable of producing" expresses a basic element in the writings of
Profit Responsibility
The obligation and accountability of individuals or departments within an organization to achieve financial targets and contribute positively to the company's overall profitability.
The Toyota Way
A set of principles and behaviors that underlie the Toyota Motor Corporation's managerial approach and production system, emphasizing continuous improvement and respect for people.
Continuous Improvement
An ongoing effort to improve products, services, or processes by making incremental improvements over time or significant improvements all at once.
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