creating a TQM plan for a CAPSIM company, including a summary of TQM as a concept, justifying the investment in TQM for competitive and operational reasons, reviewing past initiatives and comparing product quality with competitors, and

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creating a TQM plan for a CAPSIM company, including a summary of TQM as a concept, justifying the investment in TQM for competitive and operational reasons, reviewing past initiatives and comparing product quality with competitors, and

Background
Review your TQM expenditures and results from the previous rounds of CAPSIM. By this time, you should have enough data to know how your company is doing based on the performance measures you started measuring at the beginning of the simulation. This week’s written assignment looks at TQM, and your decisions and results in this area will need to be considered for the assignment. Instructions
Write a TQM plan consisting of a one-paragraph summary of Total Quality Management as a concept. Explain the choice to invest in TQM as competitive and operational to the survival of the company. TQM was introduced as a module in Round 4 of your CAPSIM simulation. Review the initiatives that you invested in for your CAPSIM Company. Compare/Contrast product quality with competition. Identify results compared to competition and changes going forward. Length: 2–3 pages
References: Include a minimum of 3 scholarly references.

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