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Employees should not make the final decision alone when conflict is likely among employees.
Profit Division
The method by which revenue after costs is distributed among various stakeholders or divisions within an organization.
Production Processes
The sequence of operations or steps involved in manufacturing a product or delivering a service, from raw material to final product.
Production Rate
The speed at which products are manufactured or produced within a given time frame.
Volume Flexibility
The ability of a manufacturing or service system to economically adjust its output in response to fluctuations in demand.
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