Characteristics of Just-In-Time Partnerships Do not Include

question 18

Multiple Choice

Characteristics of just-in-time partnerships do not include

• A) removal of in-transit inventory
• B) large lot sizes to save on setup costs and to gain quantity discounts
• C) long-term contracts
• D) few suppliers
• E) buyer helps supplier to meet the quality requirements

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Definitions:

Proletariat

The class of workers or laborers who do not own the means of production and must sell their labor to survive.

Long-held Beliefs

Ideas or convictions that have been accepted and maintained over an extended period.

Traditional Authority

A form of leadership in which the authority of an organization or a ruler is largely tied to tradition or custom.

Rational

Pertains to decision-making processes that are based on logical reasoning and systematic analysis of alternatives.