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Define and discuss the Just-In-Time approach, and include the four elements necessary for it to be successful.
Cash
Money in the form of currency, including coins and paper bills, used as a medium for financial transactions.
Future Income
Projected earnings or financial benefits expected to be received in the future.
Statement of Cash Flows
A financial report that provides aggregated data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.
Investors
Individuals or entities that allocate capital with the expectation of receiving financial returns.
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