Employee Training

Setup Cost
Costs associated with establishing a new manufacturing procedure. Setup costs include design costs, acquisition and location of machinery, and employee hiring and training.
Total Quality Management (TQM)
A management philosophy developed by W. Edwards Deming, focusing on continuous quality improvement through organization-wide cooperation and continuous employee training.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.