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Acquired comparative advantage come from factor endowments.
Mass Customisation
A business strategy that combines the efficiency of mass production with the ability to customize products to meet individual customer's needs.
Boutique Engineering
Specialized engineering services offered by smaller firms focusing on a niche market or particular area of expertise.
Sustainable Manufacturing
The creation of manufactured products through processes that minimize negative environmental impacts, conserve energy and natural resources.
Flexible Manufacturing
A production approach allowing for the quick adjustment of operations and products to respond to market changes or customer demands efficiently.
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