What do you mean by continuous improvement? Explain the similarities and dissimilarities between Deming’s PDCA Cycle and CAPD Cycle.

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Continuous improvement, also known as Kaizen, is a systematic approach to making incremental and ongoing improvements in processes, products, services, or systems. The goal of continuous improvement is to enhance efficiency, effectiveness, and quality, leading to better outcomes and customer satisfaction. It involves a culture of constantly seeking and implementing small changes and innovations to achieve better results over time. Continuous improvement is a fundamental principle in various management philosophies, such as Total Quality Management (TQM) and Lean Management.

Now, let's explain the similarities and dissimilarities between Deming's PDCA Cycle and CAPD Cycle:

1. Deming's PDCA Cycle (Plan-Do-Check-Act Cycle): The PDCA Cycle, also known as the Deming Cycle or the Shewhart Cycle, is a four-step iterative approach to continuous improvement. It was popularized by W. Edwards Deming, a renowned quality management expert. The ______ ______ __________ ___ ________ ________ _________ ____ __________ _________ ___________ _____.
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Degree : MASTER DEGREE PROGRAMMES
Course Name : Master in Business Administration
Course Code : MBA
Subject Name : Maintenance Management
Subject Code : MS 57
Year : 2023