What do the acronyms TQM and OB stand for? Discuss these management theories and give your comments regarding their usefulness to present day management practices.
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TQM:--Total Quality Management
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TQM is short of- Total Quality Management
OB is the short form of - Organizational Behavior
- The approach to successful continuous improvement is centered on the use of strategy, data, and effective communication to embed a discipline of quality into the organization's culture and operations.
- TQM prescribes a number of ways for firms to do this. In present-day. TQM theory is practiced these days in big firms to ensure strategic and data-driven decisions
- The goal of the academic field known as organizational behavior theory is to understand how and why people behave in particular ways within various sorts of professional groups.
- Applications for it are rather varied. However, it is primarily used in business settings to determine how to increase productivity and promote team cohesion.
- Performance, work satisfaction, creativity, and leadership are some of the specific subfields that make up the study of organizational behavior. Presently OB theory is used to understand the working behavior of the people of that firm.
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