A Principle from Manufacturing That Works Well in Talent Management

question 19

Multiple Choice

A principle from manufacturing that works well in talent management is:

• A)running smaller batch sizes.
• B)reducing in-process inventory.
• C)focusing upon continuous improvement.
• D)preventing, correcting, or drawing attention to errors as they occur.
• E)scheduling what to produce, when to produce, and how much to produce.

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Definitions:

Revenues

Revenue earned by a company primarily through its sales of products and services to buyers, as part of its regular operations.

Owner's Equity

Owner's Equity refers to the owner's rights to the assets of the company after all liabilities have been deducted. It is also known as shareholders' equity or stockholders' equity.

Investments

Investments refer to assets or items acquired with the intention of generating income or appreciating in the future.

Trial Balance Totals

The cumulative sum of all debits and credits in a trial balance, which should equal to ensure the ledger is balanced.