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To reduce manual errors, Debronth Inc., a machinery manufacturing company, automated most of its production processes using Computer Numeric Control (CNC) machines. This reduced the labor cost, wastage of raw materials, and rejection of finished goods due to quality issues. In the context of management, the automation of production processes at Debronth Inc. exemplifies _____.
Partnership
A business operation legally established by two or more people sharing both profits and management duties.
Equal Right
The principle that all individuals should have the same rights and opportunities under the law.
Intent
The state of mind with which an act is done, signifying purpose or intention.
Joint Ownership
A form of property ownership in which two or more parties share ownership rights simultaneously.
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