Examlex
General Motors created a(n) ____________________ to smooth out its quality assurance process.
Utility
A measure in economics of the satisfaction or benefit derived by consuming a product or service.
Total Utility
The total satisfaction or benefit derived by consuming a product or service; it increases as more units are consumed, up to a certain point.
Satisfaction
A measure of how products or services meet or surpass customer expectations.
Consumption
The use of goods and services by households or individuals, typically as it contributes to economic measures like GDP.
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