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