TQM is a philosophy for managing an organisation in a way which enables it to meet stakeholder needs and expectations efficiently and effectively, without compromising ethical values.. This article is about the specific approach to quality management from the 1980s.
Noun. 1. seniority-higher rank than that of others especially by reason of longer service. higher rank, higher status, senior status. high status-a position of superior status.
Definition of 'Liquidity'. Tweet. Liquidity means how quickly you can get your hands on your cash. Definition: Liquidity means how quickly you can get your hands on your cash. In simpler terms, liquidity is to get your money whenever you need it.efinition of 'Liquidity'. Tweet. Liquidity means how quickly you can get your hands on your cash. Definition: Liquidity means how quickly you can get your hands on your cash. In simpler terms, liquidity is to get your money whenever you need it.