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Value Chain Analysis

Value Chain Analysis Value Chain Analysis refers essentially to the differentiation between a given commercial organization in comparison to its competitors. The differentiation should be within product or service proficiency, quality, or price advantage. Product...

Purchasing and purchasing decision making

Purchasing and purchasing decision making. Generally speaking, purchasing illustrates a rather delicate balance of determining needs, finding the proper solution, and evaluating the internal and external organizational impact. The Five stage model theorizes that five...

Total Quality Management

TQM or Total Quality Management refers to internal or external organizational quality assurance processes to achieve the highest possible effectiveness and efficiency¬† Essentially, TQM is designed to enhance and control every stage of a given company’s products...