Which of the Following Is Not a Potential Consequence of Just-In-Time

question 51

Multiple Choice

Which of the following is not a potential consequence of Just-in-time (JIT) ? 

• A) Single sourcing. 
• B) Closing long-term contracts. 
• C) Engaging local suppliers. 
• D) Reduced purchase prices.

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Definitions:

Advantages

Positive aspects or benefits that contribute to superior performance or competitive edge.

Corporate Form

A legal entity structure for businesses that is separate from its owners, offering limited liability and the ability to raise capital through stock.

Sole Proprietorships

A business structure where a single individual owns and operates the business, assuming all liabilities and responsibilities.

Business Organization

A structured entity formed for the purpose of conducting commercial, industrial, or professional activities, with structures ranging from sole proprietorships to corporations.