A Benefits of Lean Processes Includes ______

question 33

Multiple Choice

A benefits of lean processes includes ______.

• A)a reduction in inventories
• B)an increase in the size of manufacturing plants
• C)longer lead times
• D)shrinking markets

Comprehend the importance and methods of environmental scanning in strategic planning.

Recognize the role and impact of stakeholders in an organization.

Understand the concept and components of a cultural audit within an organization.

Grasp the various strategies and methods for HR forecasting, including quantitative and qualitative approaches.

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Definitions:

Debt-to-Equity Ratio

A gauge of a firm's financial risk, determined by dividing its overall debts by the equity of its shareholders.

Year 2

A term often used to refer to the second year of a business operation, project timeline, or financial plan.

Return on Equity

A measure of a company's profitability, indicating how much profit a company generates with the money shareholders have invested.

Year 2

Typically refers to the second year of an entity's operations, plan, or financial reporting.