How does the Theory of Constraints $($TOC$)$ differ fundamentally from traditional management philosophy in process improvement?

Group of answer choices

Both focus on elevating bottleneck but TOC emphasizes the importance of local optima

TOC advocates for the elimination of all process steps, unlike traditional management which focuses on enhancing each step.

TOC and traditional management both prioritize financial constraints over all other types of bottlenecks.

TOC focuses on global optimization by identifying systemic bottlenecks, whereas traditional management aims for local optima within specific departments.