Examlex
Which of the following is likely to be experienced by suppliers using a just-in-time (JIT) delivery system?
Data
Factual information used as a basis for reasoning, discussion, or calculation; often numeric, it can be analyzed to inform decisions.
Benefits
Benefits describe the positive outcomes or advantages that a product or service provides to a consumer, contributing to the satisfaction of their needs or wants.
Generic Competition
The competition that occurs when generic products or services compete with branded ones, typically offering similar benefits at lower costs.
Basic Need
Essential requirements for human survival and well-being, such as food, water, shelter, and clothing.
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