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Which of the Following Phenomena Cannot Be Explained by the Simple

question 32

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Which of the following phenomena cannot be explained by the simple comparative advantage theory?


Definitions:

Continuous Improvement

A persistent attempt to better products, services, or processes by making both minor and major improvements.

TQM

Total Quality Management; a comprehensive approach focused on continuous improvement in all aspects of an organization through quality control, customer focus, and employee involvement.

Zero Defects

A quality management philosophy that aims for the minimization and elimination of defects in manufacturing processes and products.

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