In a Just-In-Time (JIT)environment,the Optimal Situation Is to Have Only

question 101

True/False

In a just-in-time (JIT)environment,the optimal situation is to have only one vendor for any given item.

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Definitions:

Employee Productivity

A measure of the efficiency of a worker or group of workers, typically evaluated based on the amount of output produced within a specific period.

Organizational Shortcomings

Specific areas or aspects within an organization where performance or effectiveness is lacking or inadequate.

Recruitment

The process of attracting, screening, and selecting qualified people for a job at an organization or firm.

Incentive Program

a system designed to motivate and reward employees, partners, or customers for achieving specific goals or desired behaviors.