Which of the Following Contributes to the Competitive Advantage Enjoyed

question 85

Multiple Choice

Which of the following contributes to the competitive advantage enjoyed by firms using JIT/lean production?

• A)Fewer employees
• B)Higher processing cost
• C)More work-in-process with longer production runs
• D)Lower processing costs
• E)Specialization in employee skills lead to higher productivity

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Definitions:

Job Specification

A detailed description of the qualifications, skills, and experience required for an employee to perform a specific job successfully.

Task Statement

A clear description of a duty or responsibility that outlines the expected performance or outcome of a particular job function.

Abilities

The skills or competencies that an individual possesses, which enable them to perform specific tasks.

Expertise

Refers to specialized knowledge or skills in a particular field or domain, acquired through education, practice, and experience.