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Generic Business Strategies
Generic Business Strategies

... • Cost leadership strategies are characterized by: – Capital-intensive manufacturing or production processes that reduce labor costs; – Process engineering skills that are aimed at lowering production costs; and – Products designed to be manufactured easily and products which share many common compo ...
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Product lifecycle



In industry, product lifecycle management (PLM) is the process of managing the entire lifecycle of a product from inception, through engineering design and manufacture, to service and disposal of manufactured products. PLM integrates people, data, processes and business systems and provides a product information backbone for companies and their extended enterprise.
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