Which of These Factors Can Explain the Short Recession Experienced

question 29

Multiple Choice

Which of these factors can explain the short recession experienced by the U.S.in 2001?

• A)Terrorist attacks
• B)The stock market crash
• C)Bursting of the real estate bubble
• D)A rise in international oil prices
• E)Expenditure on war

Recognize the concepts and terminologies associated with JIT systems.

Identify methods of employee empowerment within JIT frameworks.

Understand the concept of minimum inventory in JIT systems and its importance.

Calculate and comprehend the significance of manufacturing cycle time in JIT operations.

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Definitions:

Doubts

Feelings of uncertainty or lack of conviction about something, often involving questions about belief or decision making.

D-motivation

The reduction or loss of motivation, often due to a lack of rewards or the presence of demotivating factors.

Self-actualizers

Individuals who have realized and fulfilled their potential in terms of personal growth, creativity, and understanding, according to Maslow's hierarchy of needs.

Maslow

Refers to Abraham Maslow, a psychologist known for creating Maslow's hierarchy of needs, a theory in psychology that argues human behaviors are motivated by fulfilling a hierarchy of needs from basic to complex.