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The least liquid stock markets as identified by the authors offer little liquidity for their own domestic firms,and are of little value to foreign firms.
Mass Customization
A production and marketing technique that combines the flexibility and personalization of custom-made products with the low unit costs of mass production.
Repetitive Focus
involves a production strategy concentrated on producing high volumes of a few standardized products or services, often characterized by a continuous production flow.
Process Focus
A management approach that prioritizes the optimization and improvement of specific business processes to enhance overall efficiency and effectiveness.
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