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Magnus, an industrial engineer in a garment manufacturing company, introduced small procedures to detect errors in the production process. These procedures help workers spot mistakes in the garments before they are moved to the next stage. In the given scenario, Magnus most likely introduced _____.
Slash Budgets
To slash budgets means to significantly reduce budgetary allocations or spending in various areas or sectors, often in response to financial pressures or for strategic restructuring.
Redeem Dollars
Refers to converting paper money into its equivalent value in gold or silver, a practice tied to historical monetary systems that backed currency with precious metals.
European Threats
Various military, political, or economic challenges originating from Europe that have historically posed a risk to the security and interests of other nations.
Gold
A precious yellow metal that has been used for coinage, jewelry, and other arts throughout recorded history and acts as an economic and financial asset.
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