Examlex
Which of the following is not part of the Shewhart-Deming cycle?
Process Activities
The series of actions or steps taken in order to achieve a particular end in a process.
Resources
Assets, materials, or other items of value that can be used to produce goods and services or to achieve objectives.
Porter's Strategy
Refers to competitive strategies introduced by Michael Porter, including cost leadership, differentiation, and focus strategies aimed at gaining competitive advantage.
Competitive Advantage
An advantage over competitors in some measure such as cost, quality, or speed; leads to control of a market and to larger-than-average profits.
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