Examlex
Johnson Controls can receive an order for automobile seats from Ford and deliver the order four hours later,beginning with raw materials and ending with delivery of the finished seats to Ford.As used by Johnson Controls,logistics
Plowshares
Metal blades fitted to a plow, used in farming to cut through the soil.
Comparative Advantage
The ability of an entity to produce goods or services at a lower opportunity cost than other entities, leading to more efficient economic exchanges.
Production Possibilities Frontier
A curve depicting all maximum output possibilities for two goods, given a set of inputs and production technology.
Master Wood-carver
An highly skilled artisan specialized in crafting artistic designs and sculptures through the carving of wood.
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