Final answer:
TOC emphasizes improving throughput, removing bottlenecks, and eliminating design constraints. It is a management paradigm that aims to optimize systems by focusing on constraints that limit the attainment of goals.
Step-by-step explanation:
The Theory of Constraints (TOC) emphasizes improving the rate of product output (throughput), removing bottlenecks from the production process, and finding/eliminating design constraints. The TOC is a management paradigm that views any manageable system as being limited in achieving more of its goals by a very small number of constraints. There is always at least one constraint, and TOC uses a focusing process to identify the constraint and restructure the rest of the organization around it. TOC involves identifying the system's constraint(s) and managing them to reach the goal. Developing competitive constraints is not a concept directly associated with TOC, as its focus is on optimizing existing processes and resources within an organization rather than creating external competitive constraints.