JIT Is a Philosophy Concerned with

question 139

Multiple Choice

JIT is a philosophy concerned with

• A)when to do something.
• B)how to do something.
• C)where to do something.
• D)how much of something should be done.

Understand the significance and structure of goodwill messages in maintaining business relations.

Learn the process of drafting instructions for simple procedures.

Master the technique for writing effective routine business requests.

Know the guidelines for requesting professional references.

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Definitions:

Flexible Budget Performance Report

A financial report that compares actual operating results to budgeted amounts adjusted for actual activity levels.

Activity Variance

The difference between the planned budget of an activity and the actual expenses incurred.

Net Operating Income

The earnings derived from the primary activities of a business before the subtraction of any taxes and interest charges.

Tenant-Days

A metric in property management that represents the total number of days that tenants occupy a space over a specific period.