Examlex
A researcher is interested in examining the effect of background music and lighting on sales in a restaurant,so he wants to conduct an experiment that manipulates different levels of each.Which experimental design would be best to examine the effects of these two treatments at various levels?
Just-In-Time System
A production strategy that strives to improve a business's return on investment by reducing in-process inventory and associated carrying costs, aiming to have the exact amount of material, at the right time, and the right place.
Offshore
The practice of moving some of a company's operations or services to another country to capitalize on lower costs or favorable regulations.
Strategic Consequences
The outcomes or impacts that result from the implementation of specific strategies or decisions within an organization or nation.
Enterprise Resource-Planning
A software system used by organizations to manage day-to-day business activities such as accounting, procurement, project management, and manufacturing.
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