Examlex
Match each phrase that follows with the term a-e it describes.
-the portion of whole units that are complete with respect to materials or conversion costs
Scientific Management
A management theory that advocates for the use of scientific methods to determine the most efficient ways to complete tasks and organize work.
Manufacturing
The method of transforming unprocessed materials, components, or parts into complete products that satisfy the demands or criteria of a customer.
Economic Sector
A division within an economy, specifying the type of activity or services performed, such as agriculture, manufacturing, or services.
Postindustrial Societies
Societies that are characterized by an economy dominated by the service sector and information technology, rather than industrial manufacturing.
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