Examlex
What is meant by a concept? Define the superordinate, basic, and subordinate levels of concept representation. Provide an example related to a familiar concept for each level.
BPI (Business Process Improvement)
A systematic approach to help an organization optimize its underlying processes to achieve more efficient results.
Operational Excellence
The philosophy of making continuous improvements in operations to enhance quality, efficiency, and customer satisfaction.
Mass Customization
A business strategy that combines the efficiency of mass production with the personalization aspects of custom-made goods or services.
Make-to-order
A manufacturing process in which products are created after a confirmed order is received, allowing for customization.
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