TOTAL QUALITY MANAGEMENT Definition

Bookmark and Share

TOTAL QUALITY MANAGEMENT (TQM) is a structured system for satisfying internal and external customers and suppliers by integrating the business environment, continuous improvement, and breakthroughs with development, improvement, and maintenance cycles while changing organizational culture.

Learn new Accounting Terms

DEPRECIATION AND AMORTIZATION is the standard line item in an income statement that sums: Depreciation, the non-cash expense of a tangible investment over time and Amortization, the non-cash expenses of an intangible investment over time.

DEVOLUTION is the delegation of authority from higher to lower levels.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.