Two Supertrends Include Offshore Suppliers Changing the Way We Work;and

question 110

True/False

Two supertrends include offshore suppliers changing the way we work;and knowledge,not information,becoming the new competitive advantage.

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Definitions:

Continuous Improvement

An ongoing effort to improve products, services, or processes through incremental and breakthrough improvements.

Internal Failure Costs

Expenses incurred due to defects before products or services are delivered to customers, including costs related to wastage, rework, and inspection.

Scrap

Material that is discarded or waste from manufacturing processes, often capable of being recycled.

Downtime

The period during which an operation, system, or machine is not functional or productive.