Examlex
Explain some of the reasons given for the productivity decline in the United States in the 1970s.
Internal Processes
The procedures and activities conducted within an organization to ensure effective operation and fulfillment of the organization's goals.
Productivity
Productivity refers to the efficiency of production of goods or services, often measured by the output per unit of input.
MRP II
Manufacturing Resource Planning, an integrated method of operational and financial planning for manufacturing companies, expanding on Material Requirements Planning (MRP).
MRP
Material Requirements Planning, a system for calculating the materials and components needed to manufacture a product.
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