__________Occurs When Behavior and Work Procedures Do Not Conform to Standards

question 54

Multiple Choice

__________occurs when behavior and work procedures do not conform to standards.

• A) Suboptimization
• B) Benchmarking
• C) Control loss
• D) Customer defection

Appreciate the importance of data in driving business transactions and decision-making processes.

Understand the significance of IS in enhancing organizational productivity and supporting strategic goals.

Identify the critical aspects and components of ERP systems, including extended modules that support business operations.

Recognize the advantages and disadvantages of implementing an ERP system in an organization.

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Definitions:

JIT

Just-In-Time manufacturing is a management strategy that aligns raw-material orders from suppliers directly with production schedules to improve efficiency and reduce inventory costs.

Competitive Advantage

The conditions that allow a company or country to produce goods or services more effectively than competitors, leading to greater profits and market share.

JIT

Just-in-Time is a management strategy that aligns raw-material orders from suppliers directly with production schedules, aiming to reduce inventory costs.

Setup Costs

Setup Costs are the expenses incurred to prepare equipment, machinery, or systems for a manufacturing process or a batch of production.