Examlex
The situation in which a person places greater value on a good as fewer and fewer people possess it is called
Real-Time
A mode of operation within systems where processes and data are updated immediately as events occur, ensuring current information is always available.
Offshoring
Relocating business processes or manufacturing to a foreign country to capitalize on lower costs or other operational advantages.
Manufacturing
The process of converting raw materials, components, or parts into finished goods that meet a customer's expectations or specifications.
Logistics
The management of the flow of goods, services, and information between the point of origin and the point of consumption to meet customer or corporation requirements.
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