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Which one of the following statements is best about process management?
a. When customization must be high, equipment should be general purpose, and employees need to perform a broader range of duties.
b. The traditional relationship between capital intensity and resource flexibility is that if one is high, so is the other.
c. Economies of scope mean that a process should be devoted to a single product or service to achieve high volumes.
d. Creating a more capital-intensive process tends to reduce the fixed cost and raise the variable unit cost.
How are the new scholars of the subject. The literature review, the purpose of the study and the mythology should be summarized and bounded together
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Market Penetration: To strengthen a company's position in an existing market (Mack, 2015). It can also mean by gaining shares in an existing market by using existing products (Strategic Management, 2014). The strategy of it is to help improve custome..
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