Please Define the Following Key Terms

question 102

Short Answer

Please define the following key terms
-Mandate System

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Definitions:

Mediating Technology

Technologies or systems that facilitate the interaction between different parties or components within a process or system.

Beneficial Exchange

A transaction or interaction that results in positive outcomes for the involved parties, often seen in negotiations or trade.

Lean Production

A manufacturing approach aimed at minimizing waste and increasing efficiency by focusing on value creation for the end customer.

Small-batch Production

A manufacturing method that produces goods in small quantities, allowing for greater flexibility and customization.