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_____ Is an Approach to Manufacturing That Emphasizes the Elimination

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_____ is an approach to manufacturing that emphasizes the elimination of waste in all aspects of manufacturing processes.


Definitions:

Implied Power

Powers not explicitly stated in laws or regulations but deemed necessary to implement express powers or authority.

Corporation

A legal entity recognized by law as separate from its owners, with its own rights and liabilities, capable of owning property, entering contracts, and being sued.

Dividends

Portions of a corporation's earnings distributed to shareholders, typically in the form of cash or additional shares.

Taxes

Compulsory financial charges imposed by a government on individuals or entities to fund public services and infrastructure.

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