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First, explain what the wage- setting relation represents. Second, explain why it has its particular shape.
Quality Standards
The defined specifications and criteria that a product, service, or process must meet to ensure it is fit for purpose and meets customer or regulatory requirements.
Continuous Improvement
A process of constantly making changes and improvements to a system or process to enhance efficiency and quality.
Customer Needs
Customer needs refer to the essential requirements and desires of customers that motivate their purchase decisions and loyalty to a product or service.
Continuous Improvement
A continuous process aimed at enhancing products, services, or processes through gradual improvements progressively.
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