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What Is Just-In-Time Delivery? What Are Some of Its Advantages

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What is just-in-time delivery? What are some of its advantages and disadvantages?


Definitions:

Retain Earnings

Profits that a company chooses not to pay out as dividends but instead reinvests in the business or keeps as a reserve for specific objectives.

Shareholders

Individuals or entities that own shares in a corporation, giving them ownership interest and usually voting rights in the company.

Legal Case

A dispute between opposing parties resolved in a court of law.

Pay Dividends

The act of distributing a portion of a company's profits to its shareholders at intervals, typically quarterly or annually.

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