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You have three friends who are doing the same job in the same company.Jill tries to be assigned to high-profile projects and also sits on important committees and task forces.She also gives workshops and speaking engagements whenever she can.Cara spends time having drinks with co-workers after work, participating in company sports leagues, and she also participates in community activities.Sally takes the time to send gifts and thank you notes to people and gives out her business card whenever she can.Who will have a more successful career?
Experience Curve
A concept indicating that as a company gains experience in producing a product, its cost of production decreases due to efficiencies and learning effects.
Improve Its Experience Curve
Efforts to lower costs and improve efficiency as a company gains experience in production and operations.
Experience Curve Concept
The principle that the cost of production decreases as a company gains more experience in manufacturing a particular product, due to efficiencies and learning.
Cost Leadership
A competitive strategy that aims to achieve the lowest operational costs and prices among competitors in the industry.
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