JIT Uses Long-Term Contracts, Continuous Refilling, and Electronic Data Interchanges

question 63

True/False

JIT uses long-term contracts, continuous refilling, and electronic data interchanges to reduce or eliminate ordering costs.

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Definitions:

Informal Network

is the set of relationships and channels of communication that are not officially prescribed but emerge naturally among people within an organization, often influential in spreading information and influencing decisions.

Horizontal Communication

Communication between peers.

Manage Conflict

The process of identifying and resolving differences between parties in a constructive manner.

Solve Problems

The process of finding solutions to difficult or complex issues.