By Adopting a Just-In-Time Inventory Management System, a Company Will

question 64

Multiple Choice

By adopting a just-In-time inventory management system, a company will be vulnerable:

• A)to suppliers' bargaining power.
• B)to acute changes in economic environment.
• C)to suppliers' risk of bankruptcy.
• D)all of the above

---

Definitions:

Work-Unit Performance

The level of effectiveness and efficiency with which a specific group or team accomplishes its assigned tasks and goals.

Higher-Level Organizational Goals

Are long-term, overarching objectives that guide an organization's strategy, operations, and decision-making at a broad scale.

Plant Manager

A primary role responsible for overseeing all daily operations of a manufacturing or production facility, ensuring efficiency, safety, and profitability.

Warehousing

The process of storing goods in a large building or space prior to their distribution to retail outlets, customers, or other destinations.