Examlex
The segment margin of a profit or investment center does not include allocated common costs.
Job Classifications
A system that categorizes jobs based on criteria such as responsibilities, skills required, and the complexity of tasks, often used for hierarchical organization and payroll.
JIT
Just-In-Time manufacturing is a management strategy that aligns raw-material orders from suppliers directly with production schedules to improve efficiency and reduce inventory costs.
Competitive Advantage
The conditions that allow a company or country to produce goods or services more effectively than competitors, leading to greater profits and market share.
JIT
Just-in-Time is a management strategy that aligns raw-material orders from suppliers directly with production schedules, aiming to reduce inventory costs.
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