Examlex
Which statement best describes how a presidential primary works?
Diversification
Diversification is a risk management strategy that involves spreading investments across various financial instruments, industries, or other categories to minimize risk.
JIT Systems
Systems based on the just-in-time principle that focus on continuous improvement by eliminating waste and only producing what is needed, when it is needed.
Layout
The arrangement of physical elements in a space, such as machinery in a factory or furniture in a room, optimizing efficiency and workflow.
Distance Reduction
Strategies or actions taken to decrease the physical distance between processes or elements, often to improve efficiency or reduce transportation costs.
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