Examlex
In operations,outputs must always by tangible.
Varying Demand
Fluctuations in the need or desire for products and services over time, which can affect inventory levels, staffing requirements, and business strategies.
Globalization Strategy
A plan implemented by businesses to expand their operations and market presence on a global scale.
Standardize Products
Refers to the process of making products uniform or consistent in quality and performance to ensure they meet specified standards.
Ethnocentric View
A perspective that evaluates other cultures and practices based on the standards of one's own culture, often fostering a sense of superiority.
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