Examlex
Discuss the differences between processes and projects.
Specialization
The concentration of the productive efforts of individuals or organizations on a limited number of activities, leading to increased efficiency and productivity.
Mass Production
A manufacturing technique that produces large quantities of goods efficiently by using assembly lines or automation technology.
Exchange
The act of giving one thing and receiving another, especially of the same type or value, in return.
Division of Labor
The assignment of different parts of a manufacturing process or task to different people in order to improve efficiency.
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