Examlex
Which of the following statements concerning the first transcontinental railroad is true?
Employment Flexibility
Refers to the adaptability of the workforce and employment conditions, allowing for changes in hours, location, and job duties.
Functional Flexibility
The ability of an organization to manage and utilize its workforce in a way that can quickly respond to changes without significant additional costs.
Continuous Process Strategy
An approach focusing on improving and optimizing ongoing operations and processes for efficiency and effectiveness.
Kaizen
A Japanese term meaning "change for better," referring to the practice of continuous improvement in all aspects of life, especially in business efficiency and quality.
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