Which of the Following Is a Negative Aspect to JIT

question 51

Multiple Choice

Which of the following is a negative aspect to JIT compared to synchronous manufacturing?

• A)JIT can not deal with outside vendors
• B)JIT needs broadly fluctuating production Levels
• C)JIT does not allow very much flexibility in the products produced
• D)JIT requires a great deal of workforce computational skills
• E)JIT does not deal well with bottlenecks

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Definitions:

Full Goodwill Method

An accounting approach that recognizes the full fair value of goodwill in the acquisition of a subsidiary, not just the portion attributable to the parent company.

Non-controlling Interest

A minority stake in a company, represented by shares that do not grant the shareholder the majority of voting power.

Acquired Goodwill

The excess value paid for a company over the fair value of its identifiable net assets during an acquisition.

Non-controlling Interest

An equity interest in a subsidiary not held by the parent company, reflecting the share of the subsidiary's equity owned by external investors.