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Household production is more likely to occur when
Business Process Re-engineering
Business process re-engineering involves fundamentally rethinking and radically redesigning business processes to achieve dramatic improvements in critical measures of performance such as cost, service, and speed.
Radical Approach
An innovative or transformative strategy or methodology that significantly deviates from traditional practices.
Managing Costs
The process of planning, monitoring, and controlling the expenses associated with business operations to maximize profitability.
Major Improvements
Significant upgrades or enhancements made to processes, systems, or assets to increase efficiency, performance, or value.
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