Examlex
Why is it important to revise the first draft of your writing?
Residual Income
The net operating income that an investment center earns above the minimum required return on its operating assets.
Non-Value-Added Time
Time spent on production or administrative activities that do not contribute to the customer's value perception of the product or service.
ISO 9000 Standards
A set of international standards on quality management and quality assurance developed to help companies effectively document the quality system elements needed to maintain an efficient quality system.
Consumer Products
Goods produced for personal use by consumers, including items like electronics, food, and clothing.
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