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Thomas Peters and Robert Waterman wrote a book about the private sector, specifically focusing on well-run American companies, in order to determine the qualities that make for success.What is the name of that book?
Direct Materials
The raw materials that are directly traceable to the manufacturing of a product.
Organizational Objectives
The specific, measurable goals set by a business or organization to guide operations and strategic planning.
Planning
The process of setting objectives, determining strategies to achieve those objectives, and developing plans to integrate and coordinate activities.
Conversion Costs
The combined total of direct labor and manufacturing overhead costs that are incurred to convert raw materials into finished products.
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