Successful management improvement efforts require the active involvement of managers and staff throughout the organization to provide ideas for improvements and supply the energy and expertise needed to implement changes.
A successful company and its changes are helped by the active involvement of managers and employees alike.
The U.S. cost elasticities in Table 1, when applied to the accrued costs of each function, determine the coefficients in the cost function, which in turn generate the unique shape of the unit cost function (Figure 1).