Examlex
It's easier to remember the names of North America's five Great Lakes by using the first letter of each of the lakes to create the single word "HOMES." This strategy best illustrates the value of
Continuous-production
A method of production where materials are continuously processed or produced 24/7, typical in industries like chemicals and power plants, aiming for a high level of productivity.
Downsizing
A strategy involving reducing the size of a company's workforce to improve its efficiency and reduce costs.
Planned Strategy
A predetermined approach designed to achieve long-term or overall aims and objectives.
Organization
A structured group of people working together towards common goals, often characterized by a formal hierarchy and standard procedures.
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