Examlex
Standards which represent optimum performance under perfect operating conditions are called _______________ standards but most companies use _________________ standards which are rigorous but attainable.
Proper Quality
The condition of a product or service meeting the expected and required standards, often to satisfy customer needs or comply with regulations.
Continuous Supply
A method of inventory management that ensures a constant availability of necessary materials or products.
Colluded
Pertains to an agreement, often secretive, between parties to limit competition or deceive others, frequently seen as unethical or illegal in business practices.
Justifiable
Capable of being shown as reasonable or warranted under the circumstances.
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