Quality Improvement

Administrative Management Society
The Administrative Management Society (AMS) is a professional management society that promotes the application of management methods in commerce and industry to increase productivity, lower costs, and improve quality. Additionally, it encourages research and emphasizes sound employer/employee relations.
Business Process Re-engineering (BPR): Process Innovation
Business Process Re-engineering (BPR) aims to lower costs and improve quality through a radical reassessment of an organization's working methods, leveraging enhanced information technology for fundamental redesign.
Continuous Improvement
The ongoing process of improving an organization's goods or services, with the aim of increasing customer satisfaction. In a highly competitive environment, organizations need to actively seek ways to reduce costs, improve quality, and eliminate waste.
Participative Management
An open form of management where employees have a strong decision-making role. Developed by managers seeking a cooperative relationship with their employees, participative management aims to increase productivity, improve quality, and reduce costs.
Total Quality Management (TQM)
Total Quality Management (TQM) is a comprehensive organizational approach that seeks to enhance quality and productivity through a participative culture, continuous improvement processes, and focused customer satisfaction.

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.