MGTA02H3 Chapter Notes - Chapter 2: Supply Chain, Business Process Reengineering, Gross Domestic Product

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25 Mar 2017
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MGTA02H3 Full Course Notes
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Resources used to produce it product by total number of workers improving its ability to make something out of its existing resources. Productivity a measure of economic performance; how much is produced with the. Quality fitness for use in terms of offering features that consumers want. Labour productivity partial productivity ratio calculated by dividing gross domestic. Domestic productivity countries can increase the wealth of all its inhabitants by. Industry productivity certain industries are more productive than another in a country. Company productivity higher productivity gives a competitive edge because costs are. Total quality management (tqm) emphasizes that no defects are tolerable and that all. Performance quality the overall degree of quality; the features of a product and how. Quality ownership the idea that quality belongs to each employee who creates or. Supply chain group of companies and stream of activities that work together to create a.

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