Definition
Continuous improvement, also known as Kaizen, is an ongoing effort to enhance products, processes, or services through incremental and systematic changes. It involves empowering employees to identify opportunities for improvement, implement solutions, and measure results to drive continuous learning and innovation. Continuous improvement fosters a culture of excellence, adaptability, and responsiveness to customer needs and market dynamics.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.