One Objective of Technological Expansion Is to Achieve Economies of Scale

question 59

True/False

One objective of technological expansion is to achieve economies of scale at the expense of diseconomies of scope.

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Definitions:

Atarimae Hinshitsu

A concept in Japanese quality management that suggests products should work as expected by users without any flaws or errors.

Japanese Concept

Refers to strategic philosophies or principles originating from Japan, often applied to business, management, and production, like Kaizen (continuous improvement).

Aesthetic Quality

Aspects of a product, environment, or design that are pleasing to the senses, often related to beauty, artistry, and emotional response.

Quality Management System

A quality management system (QMS) is a structured set of processes and procedures aimed at ensuring that products, services, or operations meet specified quality standards and customer expectations.