In Order to Eliminate Waste, Companies Must Adopt and Implement

question 23

Multiple Choice

In order to eliminate waste, companies must adopt and implement one or more management practices that focus on different aspects of the lean business model such as:

• A)maintaining inventories large enough to shield against all unanticipated disruptions.
• B)Just-in-Time.
• C)Activity-Based Costing.
• D)multi-dimensional performance measurement systems.

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Definitions:

Sociograms

Visual representations or maps showing the social connections and interactions within a group, often used to identify relationships and social dynamics.

Sociogram

A graphical depiction or chart that outlines the interconnections within a group, emphasizing the links between members.

Negative Nominations

Often refers to a method used in research where individuals identify peers they dislike or view negatively.

Social Groups

Collections of individuals who interact with each other, sharing similar characteristics and collectively possessing a sense of unity or identity.