Examlex
Which of the following is the process of reaching organizational objectives by coordinating the organization's resources?
Inventory
the stock of any item or resource used in an organization, encompassing raw materials, finished goods, and work in progress.
JIT Concept
Just-In-Time (JIT) is a management strategy aimed at aligning raw-material orders from suppliers directly with production schedules to reduce inventory costs.
Employee Empowerment
A workplace approach aimed at giving employees more autonomy and control over their work processes and decision-making.
Unionization
The process by which workers form or join a union in order to collectively negotiate with their employers over wages, benefits, working conditions, and other employment terms.
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