Matching -Lean Manufacturing

question 4

Multiple Choice

Matching
-Lean manufacturing

• A)A building designed and built to support a particular service or function.
• B)The design of space in an organization that specifies the workflow.
• C)A characteristic of an organization that provides strategic access to all segments, vendors, and vitality.
• D)The implementation of manufacturing through an electronic device that does not need continual operations support.
• E)The implementation of best practices to eliminate inefficiencies and waste while increasing profit.
• F)A production method that provides an item as needed versus keeping inventory in stock.
• G)A network of interconnected businesses that are strategically aligned to provide product and service packages.
• H)A process where an organization engages in incremental adaptation based on real-time feedback to push toward better engagement and overall productivity.

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Definitions:

Compensatory Damages

Financial compensation awarded to a plaintiff to cover actual losses or damages as a result of the defendant's actions.

Worthless Securities

Describes financial instruments that have lost all monetary value.

Due Diligence

The comprehensive investigation or exercise of care that a reasonable business or person is expected to undertake before entering into an agreement or transaction.

Gross Misstatements

Significant errors or falsehoods in a financial statement or other crucial documents.