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What is an industry?
(a) Industry is a group of diverse businesses under common owners.
(b) Industry is a group of firms whose products have same and similar attributes such that they compete for the same buyers.
(c) Industry is any business organization engaged in manufacturing activities.
(d) All business organizations excluding those in service sector are industry.
Meaning and Definition of Production Management Production management is a stream of management that is associated to the production function. Production might be termed to as th
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product-focused process design is also known as
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