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What Is the Term for the Point at Which,for Any

question 63

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What is the term for the point at which,for any mix of inputs that will produce a given output,no more of any one input is used than is absolutely necessary?


Definitions:

Product Innovation

The creation and introduction of new or significantly improved goods or services in the market.

Process Innovation

The implementation of a new or significantly improved production or delivery method, enhancing efficiency or quality.

Organizational Cultural Lag

The delay between changes in organizational culture and the adaptation of its strategies, processes, or structure.

Amabile's Model

A theory proposed by Teresa Amabile that outlines the impact of intrinsic motivation, domain-relevant skills, and creativity-relevant processes on an individual's creative output.

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