Select a well-known company (specify type of industry) with which you have some familiarity and use ONE of the Contemporary Management Techniques from the list below:
• Benchmarking
• Total Quality Management (TQM)
• Business Process Improvement
• Activity-Based Costing and Management
• Reengineering
• The Theory of Constraints (TOC)
• Mass Customization
• Target Costing
• Life-Cycle Costing
• The Value Chain
• The Balanced Scorecard (BSC)
Then answer this single question: Why do you feel that the contemporary management technique selected would be a positive force in helping the company achieve its critical success factors?
Requirements: 350 words, APA format