Examlex
Licensing is a form of exporting.
Specifications
Detailed descriptions of the design, materials, and performance criteria that a product, service, or project must meet.
Disqualifying Suppliers
The process of removing vendors from consideration for contracts due to failure to meet specified criteria or standards.
Competitive Advantage
An attribute or set of attributes that allows an organization to outperform its competitors.
Operational Efficiency
The ability of an organization to minimize input and expenditure while maximizing output, thereby optimizing performance.
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