List Four Management Practices (Programs of Continuous Improvement)that May Be

question 1

Essay

List four management practices (programs of continuous improvement)that may be used to achieve the objectives of the lean business model.

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Definitions:

Buyer

An individual or entity that purchases goods or services for personal use or in the course of business operations.

Seller

An individual, company, or entity that provides goods or services to buyers in exchange for money or other compensation.

Economy's Income

The total wealth and resources generated and distributed within an economy.

Economy's Expenditure

The total spending in an economy, including consumption, investment, government purchases, and net exports.