Financial improvement
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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.