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Explain Each Axis of the Product-Process Matrix

question 92

Essay

Explain each axis of the product-process matrix. Where is the most appropriate match? Also, discuss the importance of the matrix to a company's life cycle.


Definitions:

Time

The indefinite continued progress of existence and events in the past, present, and future regarded as a whole.

Condition

A specific requirement or stipulation that affects or determines the outcome or validity of a legal agreement.

Sum Certain

A fixed or determined amount of money specified in a legal document that is not subject to any conditions or contingencies.

Negotiable

Capable of being transferred or modified through discussion or upon reaching an agreement.

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