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Kim is an anthropologist studying how family members of different racial and ethnic groups care for their elderly. He is taking extensive notes of the way their culture shapes attitudes towards the elderly. These detailed accounts are called:
Intangible Product
A product, service, or offering that cannot be physically touched or seen, but can be purchased and used, such as digital goods or services.
Just-In-Time (JIT) Shipments
A logistics strategy where materials and products are delivered exactly when needed for production or sale, minimizing inventory levels and storage costs.
Moving Assembly Line
An innovation in manufacturing where products are assembled as they move along a conveyor belt, significantly improving efficiency.
Transformation Process
The conversion of inputs into outputs, thus transforming raw materials, labor, and information into products or services.
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