Real Numbers by Orest J Fiume & Jean E Cunningham
Author:Orest J Fiume & Jean E Cunningham
Language: eng
Format: mobi, epub
Tags: Finance, Business
ISBN: 9780972809900
Published: 2011-02-15T05:00:00+00:00
In the end, every enterprise is trying to profitably use its resources to provide customers with products or services that are competitive in terms of cost, quality and delivery. In his book Kaizen, Masaaki Imai describes it this way:
“The ultimate goal of a company is to make profits. Assuming this is self-evident, the next ‘superordinate’ goals of the company should be such cross-functional goals as quality, cost, and scheduling (quantity and delivery). Without achieving these goals, the company will be left behind by the competition because of inferior quality, will find its profits eroded by higher costs, and will be unable to deliver the products in time for the customer. If these cross-functional goals are realized, profits will follow. Therefore, we should regard all the other management functions as existing to serve the three superordinate goals of QCS (Quality, Cost, and Scheduling).”
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