Under a Just-In-Time Inventory System, Inventory Is Moved into a Plant

question 10

Multiple Choice

Under a just-in-time inventory system, inventory is moved into a plant as soon as

• A) the supplier can deliver.
• B) the manufacturer has shelf space.
• C) it can be bought at the right price.
• D) it is needed.

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Definitions:

Ethical And Socially Responsible

Being ethical and socially responsible involves acting in ways that benefit society and the environment, beyond what is required by law, in conducting business.

Stakeholder Orientation

An approach in business that prioritizes recognizing, understanding, and addressing the needs and concerns of all parties with an interest in the organization.

Channel Stuffing

A practice where a company inflates its sales and earnings by forcefully pushing more products through its distribution channels than the end market can consume.

Ethical Issue

A problem or situation that requires a person or organization to choose between alternatives that must be evaluated as right or wrong, ethical or unethical.