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A strategic plan is a practical, action-oriented guide, based upon an examination of internal and external factors. It directs goal setting and resource allocation to achieve desired future results.
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The culture of an organisation is defined by its shared values, attitudes, beliefs, standards, and rules.
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The term “Six Sigma” has two definitions. Firstly, it has a statistical definition. Sigma (the lower-case Greek letter σ) is used to represent the standard deviation (a measure of variation) of a statistical population. The term “Six Sigma” comes from the notion that if one has six standard deviations between the mean of a process and the nearest specification limit, there will be practically no items that fail to meet the specification. Secondly, the term refers to a toolkit of quality tools that are applied within a structured, five-stage improvement methodology known as DMAIC (standing for Define - Measure - Analyze - Improve - Control), designed to drive process improvement towards a Six Sigma level of capability.
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A project may be defined as the achievement of a specific objective, involving a number of tasks and activities that consume resources, and which are programmed to be completed against planned performance, time, and cost targets.
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At a global level, sustainability may be defined as meeting the needs of the present generation without compromising the ability of future generations to meet their needs.[1] Sustainability at the level of individual businesses may be defined as seeking to find a balance between financial profitability, sustainable economic development, and social responsibility.
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