A Company Which Pioneers an Innovation Is Called a

question 49

Multiple Choice

A company which pioneers an innovation is called a

• A) technological follower.
• B) technological opportunist.
• C) technological leader.
• D) technological manufacturer.
• E) technological entrepreneur.

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Definitions:

Production Planning

The planning of production schedules, inventory management, and the allocation of resources in manufacturing.

MRO Materials

Stand for Maintenance, Repair, and Operations materials, which are supplies and goods used to maintain and repair business operations and equipment.

Supply Management

The active administration and oversight of the supply chain activities to maximize value and ensure the efficient provision of products and services.

Inventory Control

The systematic regulation of the supply, storage, and accessibility of items to ensure an adequate quantity is available for production or sale, avoiding excess or shortage.