Lean Concepts Discussed in the Text Do Not Include Which

question 11

Multiple Choice

Lean concepts discussed in the text do not include which of the following?

• A) Group technology
• B) Quality at the source
• C) Just-in-time production
• D) Preventive maintenance
• E) Kaizen burst

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Definitions:

Political Risk

The risk of losing assets, earning power, or managerial control as a result of political actions or instability in the country of operation.

Greenfield Investment

Direct investment in new facilities or the expansion of existing facilities in a foreign country, starting from scratch.

Global Sourcing

Global sourcing is the practice of sourcing goods and services from the global market, capitalizing on global efficiencies such as cheaper labor or raw materials.

Antitrust Issues

Legal matters related to regulations that prevent monopolies and promote competition among businesses.