Flexible Manufacturing Systems, Information Networks and Total Quality Management Systems

question 15

True/False

Flexible manufacturing systems, information networks and total quality management systems are three sources of strategic flexibility that facilitate the use of integrated strategies.

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Definitions:

Contingencies

Events or conditions that are possible but cannot be predicted with certainty, often requiring planning for multiple potential outcomes.

Social Acceptance

The act of being recognized, approved, or accepted within a social group or society at large.

Cognitive Intelligence

The ability to learn, understand, reason, and solve problems through mental processes, including memory, awareness, and perceptual cognition.

Emotional Intelligence

The ability to comprehend, manage, and convey one's feelings, as well as to navigate social interactions wisely and with empathy.