Examlex
How are two different species most likely to evolve from one ancestral species?
Competitive Advantage
The attribute or set of attributes that allows an organization to outperform its competitors by offering greater value to customers, either through lower prices or by providing more benefits and services.
Inventory
the stock of any item or resource used in an organization, encompassing raw materials, finished goods, and work in progress.
JIT Concept
Just-In-Time (JIT) is a management strategy aimed at aligning raw-material orders from suppliers directly with production schedules to reduce inventory costs.
Employee Empowerment
A workplace approach aimed at giving employees more autonomy and control over their work processes and decision-making.
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