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Flexible Management Systems Use Machine Automation to Cut Manufacturing Costs

question 127

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Flexible management systems use machine automation to cut manufacturing costs while satisfying customer needs.

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Definitions:

Influence

The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.

Venture Capital

Financing provided to new business ventures by professional, outside investors—that is, venture capitalists, usually groups of wealthy investors and securities firms.

Securities

Generally, stocks, bonds, or other items that represent an ownership interest in a corporation or a promise of repayment of debt by a corporation.

Ownership Share

The portion of a company or property legally owned by an individual or entity, often represented as a percentage.

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