ABSTRACT
Results-based improvement is an approach in which continuous improvement is viewed as a corporate culture within the business with the goal of complete elimination of problems through implementation of continuous improvement steps and the participation of all employees in the fields where the problems arise. Quantum-leap improvement is a common improvement approach adopted by businesses in the West. Scopewise, productivity is defined in two different forms, though both are based on the same principles. Productivity shows how successfully the factors of production are used in production or in the overall economy. Competition and marketing strength of the economy are dependent on high and cheap production. High and cost-effective production, however, is a function of the productivity of factors used in production. A business needs to be productive to become profitable, and the major issue determining the relationship of productivity and profit is losses.
