Answer:
Total Quality Management (TQM)
Explanation:
The philosophy of producing a high-quality product or service and achieving quality in every aspect of the business and its relationship with the customer, with a focus on continuous improvement in the quality delivered to customers is <u>Total Quality Management (TQM)</u>
Total Quality Management (TQM): It is a continous process of detecting and reducing error from the process of producing goods and services. This help in maintaining quality of the product by improving process and training worker for better performance. It also help in improving customer´s experience.
There are several tools used in total quality management (TQM):
- Continuous improvement.
- Six Sigma.
- Employee empowerment.
- Benchmarking.
- Just-in-time.
- Taguchi concept.
- Knowledge of TQM tools.
Firms often consolidate industries through horizontal mergers and acquisitions to increase their market power.
<h3>What is
market?</h3>
- A market is a collection of systems, institutions, processes, social relationships, or infrastructures in economics that allow parties to exchange goods and services.
- While parties may trade goods and services for money, the majority of markets rely on sellers providing their wares or services—including labor—to customers in exchange for payment.
- A market, in this sense, is the mechanism by which the costs of goods and services are decided.
- Markets enable distribution and allocation of resources in a community and facilitate trade.
<h3>What purpose do markets serve?</h3>
- Markets are crucial.
- They serve as the exchange mechanism for corporate stock and provide access to funds for firms.
- Markets have a key role in how prices are set, how liquidity is transformed, and how businesses may meet customer wants.
Learn more about market here:
brainly.com/question/13414268
#SPJ4
There goal means they want to examine credit unions. The meaning of the phase is Why focus on credit unions? Because: 1) They tend to be more retail-focused than many community banks, and 2) we can get data on credit unions’ membership size which provides a basis of comparison and analysis to evaluate the social media data.
Answer:
Yes
Explanation:
The damages can be recovered as Jerome and Gary hung the playground swing improperly. A child was injured due to their negligent actions. The case will be on Meadowbrook Playground and not on the individual person who has committed the mistake. According to law, the damages can be recovered as the enterprise owned the whole property, and due to their carelessness in the installation of swing, the accident took place. The child's parent has every right to recover damages from the playground owner.
Answer:
The correct answers to fill the blank spaces are not be; small
Explanation:
If a currency's spot market is liquid, its exchange rate will not be highly sensitive to a single large purchase or sale of the currency. Therefore, the change in the equilibrium exchange rate will be relatively small.
