BUSI 1800 Chapter Notes - Chapter 10: Iso 14000, Six Sigma, Mass Customization
Document Summary
Challenges include: constant change, newer technologies, global competition, needed improvements in productivity, education and retraining of work force, many foreign owned companies with profits being transferred to home countries inadequate spending on research and development. Making canada more competitive: support investment and innovation by providing tax credits for specific activities that initiate new investment by manufacturing companies, creating manufacturing. Innovation centre of excellence, and establishing a strategic capital investment fund for facility upgrades: strengthen the labour market by promoting careers in advanced manufacturing to. Canadian youth and expanding the canada jobs grant program: increase value-added manufacturing exports by developing policy and regulation to build free trade and expand key trade corridors with other countries. Research and development: work directed toward the innovation, introduction, and improvement of products and processes. The three most important objectives of innovation are: to improve product quality, to increase production capacity, to extend product range.