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A Bicycle Manufacturing Company Adopted a New Type of Inventory

question 29

Multiple Choice

A bicycle manufacturing company adopted a new type of inventory management system.This inventory system improved the productivity of its manufacturing unit and the quality of its bicycles.This is an example of _____ innovation.


Definitions:

Minimum-Wage Jobs

Positions of employment that offer the lowest legal pay per hour as determined by federal or local laws.

Customer Service Representatives

Individuals who interact with customers to handle complaints, process orders, and provide information about an organization’s products and services.

India

A country in South Asia, known for its diverse culture, languages, and history, second-most populous country in the world.

Death of Distance

The diminishing importance of geographical distance in economic, social, and cultural relations due to advances in communication and transportation technologies.

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