What Is PLM and How Management Can Use It to Improve

question 27

Essay

What is PLM and how management can use it to improve product design?

Understand the concept of slope in different contexts.

Understand the concept of strategic competitiveness and the importance of adaptability for survival and prosperity.

Identify leadership responsibilities and roles within the innovation process.

Distinguish between process innovations and product innovations and their relevance to organisational success.

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Definitions:

Iron-Nickel Meteorite

A type of meteorite consisting mainly of iron and nickel, typically formed from the core of ancient asteroids.

Continental Crust

The type of Earth’s crust that underlies the continents and the continental shelves; average granitic composition, but includes diverse types of material.

Oceanic Crust

the part of the Earth's crust that underlies the oceans, thinner and denser than continental crust.

Upper Mantle

The upper mantle refers to the portion of the Earth's mantle that lies just beneath the crust, extending down to a depth of about 660 kilometers, involved in tectonic movements and convection currents.