The following article will guide you about how to build a super-efficient company. Tearing Down Walls of a Company: To get a clearer view of the prodigious costs of uncoordinated intercompany processes- and the great rewards of integrating them-look at the recent experiences of Geon, a chemical company based in Ohio. Geon spun off from BFGoodrich in 1993. Through organic [...]
Read this article to learn about the strategies of a firm at the corporate level. Regardless of the corporate profile, a business may choose to be involved only in its domestic market, or it may compete abroad at one of three levels international, multinational, or global. Effective operation at any of these levels often but not always-necessitates economies of scale [...]
TQM is a management’s approach towards the quality; it can be in regard to products, customer satisfaction and employee satisfaction. TQM places a great deal of responsibility on all workers. If employees are to identify and correct quality problems, they need proper training of using a variety of quality control tools. There are seven tools of quality control, which are [...]