Examlex
The third step in information processing is:
System Accommodate Change
A system's ability to adjust or adapt to changes in its environment or operations, ensuring continued functionality or efficiency.
New Production Technique
Innovations or methodologies that improve the efficiency or quality of product manufacturing or service delivery.
Economic Profit
The total revenue of a business minus its explicit and implicit costs.
Least-Cost Production Technique
An approach in production that minimizes input costs for a given output level, optimizing resource use efficiency.
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