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A Successful Conversion to a Lean System Requires That the Conversion

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A successful conversion to a lean system requires that the conversion


Definitions:

Conventional

Consisting with or based on norms, standards, or practices that are widely accepted and established.

Social Responsibility

The ethical framework suggesting that individuals or organizations should act in a way that benefits society at large.

Invisible Hand

A term coined by Adam Smith to describe the self-regulating behavior of the marketplace.

Economic Power

Economic power refers to the ability of individuals, companies, or countries to influence or control economic conditions, markets, or resources.

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