Examlex
BPM is an implementation of BPR.
Merger
The combination of two or more companies into a single entity, often to enhance competitiveness and efficiency.
Learning Curves
A phenomenon in which experience leads to learning meaning that current production lowers future costs.
Economies Of Scope
Cost advantages that enterprises obtain by producing a wide variety of products, rather than specializing in the production of a single product or a very few products.
Economies Of Scale
A situation where the cost per unit of output decreases as the scale of production increases.
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