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Which Area(s) of a Business Can Be Improved by Using

question 47

Multiple Choice

Which area(s) of a business can be improved by using a just-in-time (JIT) system?


Definitions:

Contract

A contract is a legally binding agreement between two or more parties that outlines obligations, rights, and duties each party has agreed to.

Breach Of Fiduciary Duty

A failure to act in the best interest of someone to whom a duty of care is owed, often seen in financial and legal relationships.

Director

A member of a group of persons chosen to govern the affairs of a corporation, company, or other entity, responsible for making major policy and financial decisions.

Pre-Incorporation

Describes agreements, actions, or commitments made on behalf of a corporation before its official legal formation.

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