Examlex
Which theory assumes that individuals make choices based on self-interest?
RFID
Radio-frequency identification, a technology used to identify and track tags attached to objects.
Process Focus
A management strategy that emphasizes the importance of optimizing and improving specific core processes within an organization to achieve better overall performance.
Lean Production
A systematic method for waste minimization within a manufacturing system without sacrificing productivity, which can involve the identification and steady elimination of non-value-added activities.
High Interaction
Describes situations or services that require significant direct contact and active participation between individuals, such as customer service or healthcare.
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