Ford Motor Company Reorganized Its Procurement Process by Simplifying and Streamlining

question 8

Multiple Choice

Ford Motor Company reorganized its procurement process by simplifying and streamlining the process itself and as a result was able to cut the size of the accounts payable department by 95 percent. This is an example of

• A)retrenchment.
• B)kanban.
• C)kaizen.
• D)reengineering.

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Definitions:

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