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__________ Can Lead to Productivity Improvements,greater Workforce Flexibility,reduced Material and Capital

question 68

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__________ can lead to productivity improvements,greater workforce flexibility,reduced material and capital costs,a better motivated workforce,and improved product quality.


Definitions:

Qualitative Factors

Non-numeric or subjective factors that influence business decisions or activities.

Activity-Based Management

A management strategy focusing on identifying and analyzing activities that lead to cost improvement and business performance enhancement.

Customer Value

The perception of what a product or service is worth to a customer versus the possible alternatives.

Inputs

The resources used in the production process, including raw materials, labor, and capital.

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