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Quantitative Measures In today’s business climate, quantification often becomes the benchmark for organizational process improvements and measurements of success. However, as the article “Six sigma:...

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Quantitative Measures

In today’s business climate, quantification often becomes the benchmark for organizational process improvements and measurements of success. However, as the article “Six sigma: What went wrong?” in your readings states, increased efficiency levels often lack sustainability.Reflect on how incorporating quantitative measures of quality performance could improve the long-term benefits of strategic initiatives. How might it be useful or detrimental to a company? Consider how this might be incorporated into your Final Project. Write approximately 250 words.

Answered Same Day Aug 17, 2021

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Bandita answered on Aug 18 2021
133 Votes
Running Head: QUANTITATIVE MEASURES                        1
QUANTITATIVE MEASURES                                2
QUANTITATIVE MEASURES
Table of Contents
Quantitative Measures    3
Effect of Quantitative Measures on Strategic Initiatives    3
Benefits of Quantitative Measures to a Company    4
Incorporation of Quantitative Measures in the Final Project    4
References    5
Quantitative Measures
Quantitative measures assists in providing understanding and information regarding the effectiveness and degree of accomplishments by an organization for its aims, goods and services. These measures are incorporated by an organization in order to estimate and evaluate the results of performance by the company.
The crucial objective of implementation of quantitative measures is to achieve control and regulate the financial aspects and benefits of an organization. However, achieving financial control is just a mere part of the strategy management. Most of the quantitative measures affect the financial production of a company in a non-financial method.
Quantitative measures incorporated by any company includes consideration and analysis of efficiency as well as productivity of the labor force of the company, turnover in the quantity of production by the company, reduction of retardation and unpunctuality by the work force and all employees of the company.
Effect of...
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