The Concept "Just-In-Time" (JIT) Works Well If a Company Works

question 291

True/False

The concept "Just-In-Time" (JIT) works well if a company works with lots of suppliers. It also helps avoid the breakdowns that occur when operating with an enterprise resource planning system.

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Definitions:

Management by Storytelling

A leadership approach that employs narratives and anecdotes to communicate values, share knowledge, and inspire, facilitating understanding and emotional connection.

Unsuccessful Competitors

Entities or individuals that fail to achieve their desired outcomes in a competitive environment.

Anecdotal Evidence

Evidence based on personal accounts, observations, or stories, rather than on systematic data or research.

Personalized Charismatic Leader

A leadership style characterized by the leader's ability to form close personal relationships with followers and inspire them with their personal vision.