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Sematech is a producer of computer chips. To gain an advantage over other computer chip makers, Sematech focuses on reducing its costs below all of its competitors and has aligned its value chain accordingly. Recently, several of Sematech's competitors have begun to reduce the company's competitive advantage. In response to this threat, Sematech has decided to add production capacity in an effort to lower costs.
-If Lucy Sullivan were a Sematech manager who oversaw the finance operations in the company's functional structure, Lucy would be considered a
Artisans' Liens
A possessory lien that allows craftsmen or service providers to retain possession of an item they have serviced or improved until they are paid.
UCC
A complete array of laws, known as the Uniform Commercial Code, regulates all commercial activities within the United States.
Software Engineer
A professional who applies engineering principles to the design, development, maintenance, testing, and evaluation of the software and systems that make computers or anything containing software, such as chips, operate.
Statutory Liens
Statutory liens are legal claims against property that are established by statute to secure the payment of a debt or obligation, such as tax liens.
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