Examlex
Which of the following is an example of a basic factor that a nation will possess as proposed by Porter?
JIT Partnerships
refer to collaborations between companies and their suppliers to implement Just-In-Time inventory methods, reducing waste and improving efficiency by receiving goods only as they are needed.
Quality Requirement
Quality requirement refers to the specific criteria that a product or service must meet to satisfy customer needs or industry standards.
Incoming Parts
Components or materials received by a company that are intended for use in the manufacturing process.
Kanban System
A workflow management method originating from Japan, designed to help visualize work, maximize efficiency, and improve agility by using cards to signal the need to move materials or perform tasks.
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