In the current business environment, nearly every business field faces stiff competition from other business entities that provide similar goods or services. Globalization has taken such competitiveness to a new level in which multinational organizations invest in several locations in the world. Thus to ensure continued production and consistent revenues, businesses have turned to quality management in order to ascertain revenue and profitability. In this kind of business management strategy, companies have to produce consistently reliable products that meet quality standards of their clients. The first part of the paper introduces the theoretical concepts behind quality management. The second part ...
Essays on Wahlstrom
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