Examlex
____ refers to separating products into grades and qualities desired by different target markets.
Employee Empowerment
A workplace approach aimed at giving employees more autonomy and control over their work processes and decision-making.
Unionization
The process by which workers form or join a union in order to collectively negotiate with their employers over wages, benefits, working conditions, and other employment terms.
Minimum Inventory
The lowest quantity of stock that must be kept on hand to prevent stockouts, taking into account lead times and demand variability.
Perfect System
An idealized or hypothetical system that operates without any faults, failures, or inefficiencies.
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