BUSINESS

FLEXIBLE PRODUCTION STRUCTURE AS A BASIC REQUIREMENT OF THE GLOBAL MARKET

  • 1 Odessa National University of Economics, Odessa, Ukraine

Abstract

The main issues are considered in this topic: Modern production has both quantitative and qualitative flexibility, which is essential in the global market where there is a "dictatorship of the buyer". In such circumstances it is necessary to respond quickly to customer orders. This means that production should be able to quickly change the volume and range of products.

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