Examlex
Production and operations managers need to know how for all of the following points except one.Which is incorrect?
Technological Application
The use or implementation of technology for practical purposes, especially in industry or commerce.
Research and Development Spending
Financial investments in the innovation, improvement, and development of new products, services, or technologies.
Government Proportion
This term is not standard and may refer to the ratio or percentage of government spending or representation in relation to something specific, such as GDP or population, but without more context, a precise definition cannot be provided.
Risk Society
A society increasingly preoccupied with managing and preventing risks, especially those that are man-made, such as environmental disasters, technological accidents, and financial crisis.
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