Description Of A Quest For Quality

Economic Development: Growth is associated with structural, social change and change in the important institutions of the economy.

Senior leadership must determine and direct the level of quality that is acceptable within the organization. Leadership should prioritize areas of quality and use data based on benchmarks from other facilities. (Dlugacz, 2006). In addition the author states there are some important areas that must be monitored for quality. Compliance must be followed by leaders and all

The two authors argue the main issue that India is continuing to face are due to the lack of concern for citizens especially for the poor citizens and women. Dreze and Sen proceed into their work as they continue to portray the way in which the citizens of India were being oppressed by the new economic and political policies. One of the issues Dreze and Sen use as an example of how India rapid economic growth is problematic is the countries lack to foster participation for economic growth. The lack of inclusion in economic growth leads to a wealth disparity between the citizens. The authors continue on depicting several other issues another one being the lack of enhancement to the standard of living despite generating economic growth from the use of public goods. The standards of living are a huge issue with India as it signals there is a large disparity within wealth. Dreze and Sen continue to document the lack of social and living standards especially in the case of education, medical care, and physical services like clean water, electricity, drainage, and sanitation. The authors proceed to make note how without a development of a social structure within India high economic growth can harm the citizens and ultimately neglect civil, political, and social rights. Dreze and Sen then

Economic growth is fundamental for sustainable development. It is not possible, for a developing country, to ameliorate the quality of life of its growing population without economic growth. The relationship between government expenditure and economic growth has continued to generate series of debate among scholars. Government performs two functions- protection (and security) and provisions of certain public goods (Abdullah, 2000) and (Al-Yousif, 2000). Protection function consists of the creation of rule of law and enforcement of property rights. This helps to minimize risks of criminality, protect life and property, and the nation from external aggression. Under the provisions of public goods are

Measures of economic well-being such as GDP are subject to some limitations hence it is appropriate to use other alternative measures of economic growth. The limitations of GDP in measuring the economic well-being of a country include failure to capture the underground economy and failure to capture changes inequality. Others include the development of new products and failure to take in account human or leisure costs (Maddison 48).

The impact of economic growth on poverty has been evaluated to observe the correlations. There have yet to be a direct relationship between the two. In certain circumstances it can be positive economic growth leading to reduction in poverty. In other situations it can be negative economic growth leading to increase in poverty. The effect of economic growth on poverty varies on the inequalities that are prevailing in an economy.

Economic growth positively produces more jobs and a strong level of economic growth can help individuals who are willing to find employment. Countries

The center thought is to amplify client esteem while minimizing waste. Just, incline implies making more esteem for clients with less assets.

Quality is defined as conformance to the requirement, not goodness: The first absolute explains that management must strive to ensure that during the quality improvement process everyone is getting things done right the first time. Crosby stated that in other to do this management must state clearly what are the individual roles of the employee, management must also supply the employees with the resources needed to do their task and lastly management must give continuous support and encouragement to the employees during the improvement process. When quality is defined as conformance to requirement it helps to reduce hassle and improve quality at the same time. Crosby (1995).

It had initially been thought that total GDP played the key and possibly only determining role in social outcomes and therefore as a country got richer this would directly translate to improved social outcomes. Shown through research by Angus Deaton, in the last century, the rapid growth of GDP has

This research also shows that economic growth, on average, raises incomes for both the rich and the poor. It helps to lift the poorest in society out of absolute poverty and does not automatically increase inequality. More importantly, no country has managed to lift itself out of poverty without integrating into the global economy.

Economic growth is a topic constantly discussed in Why Nations Fail by Daron Acemoglu and James A. Robinson and Saving Capitalism by Robert B. Reich .The authors in both books seem to believe that we live in a society in which economic growth is not at its finest, but there is still hope. More detailed, Daron Acemoglu and James A. Robinson blame extractive institutions for the slow growth because in this occasion the political and economic systems are structures in a way to benefit the elite by extracting resources from the rest of the society . Similarly Robert B. Reich states that those who control an increasing share of the wealth also have gained growing influence over the rules by which the market

For most of human history, life remained pretty much the same. The conditions of living were almost completely stagnant, and there was no such thing as economic growth to the general public. This all changed when two different events occurred that greatly impacted the course of history. The first of these being the British industrial revolution in 1750, and then the more prominent American industrial revolution in 1870. Acting like a catalyst, these two events created a boom of economic growth unlike anything the world had ever seen. As certain nations have continued to expand, an important question that arises is, is economic growth beneficial or harmful to society? Economic growth as defined as: “An increase in the amount of goods and services produced per head of the population over a period of time (The Oxford American College Dictionary)” is in no way a bad thing for society. The issue with this comes from the way we as humans use such this broad definition of economic growth as an indicator of wellbeing and happiness within a country, leading to misuse of wealth, as well as misplaced focus on important areas of life.

The idea of “not having enough” daunts us humans – in fact, we came up with economics, the study of scarcity. Beyond studying the allocation of resources, economists also aim to measure output and productivity. The measure of output has become highly relevant today and it is treated as a ‘score’ between economies. Intuitively, the higher the output, the better. A nation’s output is measured as their gross domestic product, which takes into the account the spending of households, firms, governments, and net exports. The gross domestic product (GDP) is believed to be the best measure to reflect the standard of living. However, it lacks accuracy in the sense that non-monetary elements are not taken into account, which means that countries with high GDP may have a poor natural ecosystem or work ethic. For this reason, economic growth should not be pursued continuously at the expense of real quality of life, especially in developed nations.

Last few decades we have seen a changing notion of what constitutes a successful nation. According to the old school approach, ‘sustainable economic growth’ is primarily seen as the best way to make a “successful country”. There are a few questions that arise as to what factors contribute to the success of a country. Is sustainable economic growth the best way to get there?