ELI5: Explain Like I'm 5

Malcolm Baldrige National Quality Award

The Malcolm Baldrige National Quality Award is like a big award that certain groups or companies can get if they do a really good job. It's like a prize you can get if you work hard and do a great job. The award is given to companies that are based in the United States and that do a good job of things like managing their business, making sure customers have a good experience, and finding ways to improve the products and services they offer. The award also looks at things like financial performance and how the company treats its employees. It is really hard to get the award and really special for companies to win it. It's like a prize for companies for all their hard work and dedication.