Directions:Define what Total Quality Management (TQM) and how it relat

Directions:Define what Total Quality Management (TQM) and how it relates to purchasing. Identify and explain in detail at least one concept of TQM that can be found within chapter 12 of your textbook.Explain how TQM relates to procurement decisions and provide at least one example of this concept by explaining an organization you are familiar with or an organization that you researched.

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research at least two quality management organizations—one national and one local—that would positively enhance the implementation of a quality program.
Based on the organization you selected, coca cola, this write a financial plan of 350-500 words, plus spreadsheet(s) that addresses the following (guidelines): Using Excel, create a 3-year pro forma income statement for your organization or product/service. What will be your financial break-even point? If you require investment capital, identify possible sources (friends, family, banks, USSBA, etc.). How will you use financial information to help you craft your business strategy? What key financial ratio will you be using to measure the performance of your organization to determine success? Use Microsoft Excel for all computations where applicable. Ensure that the Excel file includes the associated cell computations in order to receive full credit. Prepare this assignment according to the APA guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required. You are not required to submit this assignment to Turnitin, unless otherwise directed by your instructor. If so directed, refer to the Student Success Center for directions. Only Word documents can be submitted to Turnitin