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Which of the Following Changes Are Organization's Making When Implementing

question 67

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Which of the following changes are organization's making when implementing programs such as the Six Sigma,total quality management,etc.?


Definitions:

Machinery

Equipment and devices that perform specific tasks in industries, contributing to production processes.

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, representing the financial gain in conducting business activities.

Rate of Return

The increase or decrease in the value of an investment over a set time frame, shown as a percent of the investment's original price.

Assets

Economic resources owned or controlled by an individual, corporation, or country that are expected to provide future benefits, including cash, real estate, and intellectual property.

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