Simply stated, the level of competition today requires high levels and continuous improvement of organizational performance in quaternary critical areas: = The quality of goods and services = The cost of producing goods and services = The drive with which products and services are brought to market = Innovation in the victimization of new products and services In the past, companies had both(prenominal) slack in unmatched or more of these four performance areas. If an organization could find a produ ct out quickly, customers would pay more for! it and would meet defects. Or, if the price was low enough, customers would accept poor quality, some nuisance value in delivery or service, or both. Today, however, there is weeny tolerance for substandard performance in any area. Customers pauperization value, and that means speed, cost, quality, and innovation. Even more significantly, they do not hurt to tolerate shortfalls in performance; they can readily turn...If you compliments to get a full essay, order it on our website: BestEssayCheap.com
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