Examlex
A successful conversion to a lean system requires that the conversion
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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