Lean Thinking Can Be Applied To

question 14

Multiple Choice

Lean thinking can be applied to:

• A)Manufacturing
• B)Services
• C)Functions other than operations
• D)All of the above

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Definitions:

Rights Offering

A method by which a company raises capital by giving existing shareholders the right to buy additional shares directly from the company at a discounted price before the new shares are offered to the public.

Market Price

The market's current rate for purchasing or selling an asset or service.

Subscription Price

The price at which existing shareholders are allowed to buy additional shares of a company, usually at a discount.

Initial Public Offering (IPO)

The process by which a private company offers shares of stock to the public for the first time to raise capital.