Which of the Following Is Not Typically Associated with Successful

question 52

Multiple Choice

Which of the following is not typically associated with successful implementation of just-in-time (JIT) systems?

• A) Find high quality suppliers
• B) Locate suppliers with short transit times
• C) Use as many suppliers as possible to minimize the risk of non-delivery
• D) Develop management commitment to the JIT process

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Definitions:

Common Stock

A type of equity security that represents ownership in a corporation, giving holders voting rights and a claim on a portion of the company's profits in the form of dividends.

Debt Securities

Financial instruments representing a loan made by an investor to a borrower, typically including bonds, notes, and bills.

Semiannual Interest

Interest payments made twice a year on certain types of debt securities, such as bonds.

Maturity Value

The amount payable to the investor at the end of a debt instrument's life.