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Implementing a JIT System

question 105

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Implementing a JIT system


Definitions:

Produces

Refers to the creation or manufacturing of goods and services for sale.

Social Responsibility

The obligation of a business to have a positive effect on society on four levels—economic, legal, ethical, and philanthropic.

Business's Obligation

The responsibilities and commitments a business has, including legal, financial, and ethical duties to its stakeholders.

Community

A group of people living in the same place or having a particular characteristic in common, often sharing a sense of belonging or community spirit.

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