Examlex
When the control chart shows a repeated series of small observations followed by large observations,the result is referred to as:
Marketplace
A space or system in which commercial transactions are conducted, especially the buying and selling of goods and services.
Process Reengineering
The fundamental rethinking and redesign of business processes to achieve dramatic improvements in critical measures of performance.
Competitive Advantage
The attribute that allows an organization to outperform its competitors, leading to greater sales or margins and/or retaining more customers.
Mass Production
A manufacturing process characterized by the high-volume production of standardized goods using assembly line techniques.
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