Examlex
Which of the following performance appraisal approaches requires the manager to describe an employee's performance in written narrative form?
Small Production Batches
Manufacturing process involving the production of goods in small quantities, allowing for flexibility and customization.
Lean Manufacturing
A systematic method for waste minimization within a manufacturing system without sacrificing productivity, focusing on adding value and reducing non-value-adding activities.
Eliminating Waste
The process of removing non-value-adding activities in a business to improve efficiency.
Inventory Levels
Inventory levels refer to the quantity of goods and materials on hand at any given time within a business, which is crucial for meeting customer demand without overstocking.
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