Examlex
What factors play into the end of the Cold War?
Few Suppliers
Refers to a market situation where only a limited number of vendors provide a certain product or service, potentially leading to less competition and higher prices.
JIT Systems
Inventory management systems that seek to minimize inventory levels by scheduling material arrivals only when they are needed in the manufacturing process.
Environmental Risk
The potential for environmental damage or adverse health effects resulting from exposure to environmental hazards or pollutants.
Control Risk
The risk that errors or irregularities in financial statements will not be prevented, or detected and corrected, by an organization's internal controls.
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