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Unlike Other Corporate Functions,such as Finance,HRM Is Not Concerned with Quantitative

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Unlike other corporate functions,such as Finance,HRM is not concerned with quantitative analysis as a part of decision-making preferring to rely on intuition to make decisions.


Definitions:

Customization

The process of modifying products or services to meet specific customer needs or preferences.

Efficiency

The ability to achieve a goal or desired outcome with minimal waste of time, effort, or resources.

Quasi-Custom Product

Products that are tailored to meet specific customer needs or preferences while being based on standard components or modular designs.

Repetitive Focus Facilities

Production facilities designed for the efficient manufacture of a high volume of similar products.

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