Examlex
Which of the following is incorrect about the philosophies advocated by Joseph Juran?
Economic Analysis
The study or evaluation of the economic aspects of an action or decision, including costs, benefits, risks, and potential for profit.
Cannibalization Potential
The likelihood that a new product will decrease sales of existing products offered by the same company.
Prototype
An initial model of a product used to test and validate design principles before full-scale production.
Full-scale Operating Model
A detailed representation of a business's functions and processes, enabling it to operate at full capacity and efficiency.
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