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Explain How the Concept of Production Efficiency Has Changed with the Rise

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Essay

Explain how the concept of production efficiency has changed with the rise of flexible manufacturing technologies.


Definitions:

Historical Period

A distinct phase in history characterized by particular events, developments, or cultural norms.

Widespread

Something that is found in many places or affects a large number of people.

Ultimate Software

A technology company known for developing cloud-based human capital management (HCM) software solutions.

Human Resources

An organizational department responsible for managing employee-related functions, such as hiring, training, and benefits.

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