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Aunt Lucy's Style is a company that sells different types of costume jewelry. When Aunt Lucy's Style spends its own money to promote the costume jewelry industry as a whole, the company is practicing
Enterprise Resource-Planning
A software system used by organizations to manage day-to-day business activities such as accounting, procurement, project management, and manufacturing.
Just-In-Time Manufacturing
A production strategy that aims to reduce in-process inventory and associated carrying costs by producing goods only as they are needed.
Globalization
The evolution of an integrated and interdependent world economy.
Big Data
Large and complex data sets that require advanced tools and methodologies for analysis, processing, and storage.
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