Q. Select a well-known industry (specify type of industry) with which you have some familiarity. Then, select 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)

Explain why and Explain how do you feel that the contemporary management technique selected would be a positive force in helping the industry achieve its critical success factors?