Examlex
Conformance quality addresses whether the product was made or the service performed to specifications.
Factors of Production
The resources used in the production of goods and services, traditionally classified into land, labor, capital, and sometimes entrepreneurship.
Technology
The application of scientific knowledge for practical purposes, especially in industry and in the creation of devices, processes, or systems.
Competitive Differentiation
The unique value proposition or distinct characteristics a product or service has that sets it apart from its competitors in the eyes of customers.
Business Success
The achievement of financial and operational goals within a business, often measured by profitability, market share, or expansion.
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