The US has a form of capitalism with modest government interference with a current increasing tendency towards laissez-faire.
Setting goals and objectives provides the guidance and direction, Motivates and inspires the employees, Facilitates planning and also helps organizations evaluate and controls the performance.
The common key concepts that are common to the quality
improvement approach are the following;
-
Usage of QI tools, this is used for mapping,
analyzing and collecting data.
-
Outcomes and measuring are also used.
-
Lastly, application of statistical process
control
These are called in kind benefits or benefits in kind. They are benefits which are given to employees or directors from their company. However, these are not included in their salary wages. They are also called perks or fringe benefits and they include things like company cars, medical insurance, and cheap loans.<span> </span>
