Lean Operations Reduce the Number of Suppliers the Organizationworks with by Limiting

question 41

True/False

Lean operations reduce the number of suppliers the organizationworks with by limiting contacts to two tiers of suppliers.

---

Definitions:

Beachhead Market

An initial target market for a product or service, chosen strategically to establish a foothold before expanding to broader markets.

Early Adopters

Individuals or businesses who use or purchase new products, services, or technologies before the majority of others do.

Early Majority

A group in the technology adoption lifecycle that adopts a new product or innovation after a certain level of confirmation that it has been accepted by earlier adopters.

Website Analytics

The measurement, collection, analysis, and reporting of web data to understand and optimize web usage.