Financial improvement

Financial improvement is this process aims to improve financial results. It takes many forms: cost reduction projects, new facilities, and new product development to increase sales, mergers and acquisitions, joint ventures, and so on.

Definition

According to Juran's Quality Handbook by Defeo (7th edition),

Financial improvement. This process aims to improve financial results. It takes many forms: cost reduction projects, new facilities, and new product development to increase sales, mergers and acquisitions, joint ventures, and so on.