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Bentham's student John Stuart Mill argued that
Beneficial Exchange
A transaction or interaction that results in positive outcomes for the involved parties, often seen in negotiations or trade.
Lean Production
A manufacturing approach aimed at minimizing waste and increasing efficiency by focusing on value creation for the end customer.
Small-batch Production
A manufacturing method that produces goods in small quantities, allowing for greater flexibility and customization.
Lean Production
A manufacturing principle focused on minimizing waste and maximizing efficiency and productivity by streamlining processes and improving quality.
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