The Popularity of JIT and Quick Replenishment Systems Favor Using

question 52

True/False

The popularity of JIT and quick replenishment systems favor using fewer local suppliers.

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Definitions:

Technical Title

A specific title that accurately reflects the technical qualifications, expertise, or knowledge required for a particular job or position.

Risk Of Loss

The risk that an asset might be destroyed, damaged, or lost, affecting its value.

Ordinary Course

A term used in business and law to refer to the normal conduct of business and operations.

Clear Title

A title to property or assets that is free of liens, disputes, or legal questions, ensuring unobstructed ownership.