Examlex
A share of ownership in a corporation is referred to as
Production
The process of creating goods and services from various resources.
TPS
A Transaction Processing System is an information system that gathers, saves, alters, and provides access to an organization's transaction data.
Make-to-order
A production strategy where manufacturing starts only after a customer's order is received, allowing for customization of products but potentially leading to longer lead times.
Make-to-stock
A production strategy where items are manufactured for stock based on demand forecasts, rather than being custom made to order.
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