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Of This Lessons - FAQS

FAQs

What is continuous improvement?

It is a management practice that a company utilizes to constantly improve its processes and thus be more efficient and have better performance. The market is increasingly dynamic and those who do not constantly reinvent themselves will be left behind.

What is operational excellence?

Operational excellence is a mindset that embraces certain principles and tools to create a culture of excellence within an organization.

What are the company/enterprise sizes?

Micro, Small and Medium Enterprises. In terms of volume of income, value of assets and number of workers.

How do I distinguish if my company is Micro, Small or Medium?

  • Microenterprises: Companies that have 1 to 9 workers.
  • Small businesses: Companies that have 10 to 49 workers.
  • Medium-sized companies: Companies that have 50 to 199 workers.

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Of This Lessons 2024