Examlex
Which of the following is one of the basic organizational functions managers should examine during an internal audit?
Value Chain
The specific sequence of activities that creates products and services with value for customers.
Specific Sequence
A particular order or arrangement in which related actions, events, or elements follow each other.
Goods And Services
The physical products (goods) and intangible offerings (services) that fulfill the needs or wants of consumers.
Just-in-time Scheduling
A strategy used in manufacturing and logistics to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs.
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