Examlex
Experts agree there are times when teachers must use grades as a means of discipline or penalty for misbehavior.
Just-In-Time
An inventory management strategy that increases efficiency and decreases waste by receiving goods only as they are needed in the production process, reducing inventory costs.
Import Duties
Taxes imposed by a government on goods imported from other countries, meant to protect domestic industries and generate revenue.
Global Procurement
The process of sourcing goods and services from the global market to exploit global efficiencies such as lower cost, enhanced quality, and better supply dynamics.
Hospitality Environment
The setting or atmosphere provided by businesses in the hospitality industry, such as hotels, restaurants, and bars, aimed at providing services for guests or visitors.
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