"Compare and contrast the concepts of Total Quality Management $($TQM$)$ and Lean Management in the context of improving operational efficiency and quality within organizations. Discuss the fundamental principles, methodologies, and tools associated with each approach. Analyze the similarities and differences between TQM and Lean Management, highlighting their respective strengths and limitations in enhancing organizational performance. Furthermore, explore how a hybrid approach combining elements of both TQM and Lean Management could potentially offer a more comprehensive strategy for continuous improvement in modern business environments."  

Answer rating: 100% (QA)

Total Quality Management TQM and Lean Management Comparison Total Quality Management TQM Fundamental Principles Customer Focus Meeting or exceeding cu... View the full answer