MGMT Final Ch. 15 Flashcards
1
Q
Total Quality Management
A
The process involving everyone in an organization focusing on the customer to continually improve product value
2
Q
Balanced Scorecard
A
Strategic management performance metric used to identify and improve various internal business functions and their resulting external outcomes
3
Q
Dashboard
A
Used to display all measures and KPIs (key performance indicators) in one place to help managers make efficient decisions regarding the company’s strategic plan
4
Q
KPIs
A
Key performance indicators