Benefits of tqm, Business Management

Assignment Help:

1. Advantages Unique to TQM

a. It makes company a leader not follower.

b. TQM creates goal directed connection between customers management and workers. Every one is motivated to contribute. It thus fosters effective team work.

c. It makes the company more sensitive to customer needs.

d. It makes the company adopt more readily to change.

2. Benefits to customers

a. Fewer problems with the product or service.

b. Better customer care.

c. Greater satisfaction .

3. Benefits for the company

a. Better product quality.

b. Staff is more motivated and quality conscious.

c. Productivity improvement.

d. Reduced quality costs.

e. Enhanced problem solving capacity.

f. Increased market.

g. Increased competitive position off the firm improved profitability.

h. Good public image of the enterprise by helping it to provide goods and services of higher quality at lower cost to the society.

i. Improvement in human relation s and work area morale.


Related Discussions:- Benefits of tqm

The stages involved in composing a written business message, QUESTION 1 ...

QUESTION 1 You are required to give a presentation to a group of 20 staff within your department. Discuss the factors that you should consider in order to make an effective ora

Marketing interface, mention 5 measures that will make a dis pleased custom...

mention 5 measures that will make a dis pleased customer patronize the school canteen

Organizational culture, Organizational Culture The concept of organiza...

Organizational Culture The concept of organizational culture is fairly recent. It became a topic of significant concern in the United States during the early 1980s, primarily

1., How does Costco get its products? Also is there discussed prices for th...

How does Costco get its products? Also is there discussed prices for them?

Describe what noise in terms of communication is, QUESTION (a) Explain ...

QUESTION (a) Explain what you understand by the terms denotative and connotative. Give examples of each to support your answer. (b) Describe what noise in terms of communica

What is a-type inventory in ABC analysis of control, What is A-Type Invento...

What is A-Type Inventory in ABC Analysis of Control? A-Type Inventory: These are low volume and high value type of inventories. It means that their yearly consumption is

Determine the minimum amount of capital, Question: A reinsurance compan...

Question: A reinsurance company writes a book of catastrophe reinsurance contracts to an expected combined ratio of 60%. It estimates that its aggregate claims distribution is

Analyze the principles of corporate citizenship, Question 1: Corporate ...

Question 1: Corporate citizenship strives to conduct all business dealings in an ethical manner, make a concerned effort to balance the needs of all stakeholders, while workin

Explain the term motivation and its importance, QUESTION 1 (a) Define ...

QUESTION 1 (a) Define the term management and explain its functions? (b) Explain the problem solving and Decision-Making Process? QUESTION 2 (a) Explain the term "m

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd