Which of the Following Is Not an Attribute of Lean

question 136

Multiple Choice

Which of the following is not an attribute of lean operations?

• A) eliminating almost all inventory through just-in-time techniques
• B) minimizing space requirements by reducing the distance a part travels
• C) pushing responsibility to the highest level possible through centralized decision making
• D) educating suppliers to accept responsibility for helping meet customer needs
• E) All of the above are attributes of lean operations.

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Definitions:

Corporate Veil

A legal concept that separates the personal liability of company owners, shareholders, and officers from that of the corporation itself.

Commingled

Mixed together without any clear separation, especially referring to funds or assets.

Retained Earnings

Profits that a corporation keeps.

Reinvestment

The process of using the proceeds from an investment to purchase additional assets or securities in order to potentially increase wealth.