Examlex
When three phases are in mutual equilibrium,such as at the triple point of water,the degrees of freedom equal 0.
OM Strategies
Refers to the approaches and methodologies a business uses to streamline its operations management processes, including production, inventory control, and quality assurance to improve efficiency and productivity.
Multinational Corporation
A company that operates in multiple countries, managing production or delivering services in more than one country.
Maquiladora
A factory in Mexico run by a foreign company that exports its products to the country of that company, taking advantage of lower labor costs.
Competitive Environment
The dynamic external system in which businesses compete for resources, customers, and market share.
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