Industrial Competitiveness

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Industrial management focuses on implementing policies for optimal investment returns and efficient use of resources, emphasizing profitability. It encompasses various disciplines including design, marketing, finance, and manufacturing, each with unique objectives. For instance, marketing assesses customer appeal, while designers and process planners concentrate on product functionality and resource requirements, respectively. Each discipline optimizes its tasks based on specific criteria, highlighting the complexity of modern manufacturing methodologies that often overlook profit as a primary goal.