Companies Recognizing the Need to Simultaneously Produce Products with High

question 171

True/False

Companies recognizing the need to simultaneously produce products with high quality, low cost, and instant availability have adopted a lean manufacturing philosophy.

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Definitions:

Emergent

Referring to a process or pattern not initially visible that becomes clear and important over time.

Discarded

Refers to items or materials that have been thrown away or rejected as useless or obsolete.

Organizational Culture

The shared values, beliefs, and practices that shape the social and psychological environment of a business organization.

Strategic Mimicry

The adoption of successful strategies, practices, or operations from competitors or leading companies in an effort to improve performance or gain competitive advantage.