HUMAN RESOURCES – YEAR 2 TQM – YEAR 4 Total Quality Management Yearly investments of < $250,000 will create little improvement Yearly investments above $750,000 pushes into diminishing returns Investments of > $1,000,000 in a year produces no absolutely additional benefits Investing more than $2,000,000 in the same initiative over 2- 3 year period creates little or no additional improvement Process Management Initiatives These initiatives improve business procedures, resulting in…
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