‘To gain a competitive edge, many organisations in the high tech. sector now focus on quality and cycle time by employing JIT (Just in Time). As a result, a traditional accounting system may not be appropriate. They now have to focus on the value of controlling non-financial performance as a key to improving productivity (delivery).’

Discuss, using actual situations in your organization, or others that you are familiar with, to illustrate how quality, cycle time and productivity are related.

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