In Which Operational Setting Has Lean/just-In-Time Experienced the Lowest Levels

question 18

Multiple Choice

In which operational setting has lean/just-in-time experienced the lowest levels of acceptance/implementation?

• A)Manufacturing
• B)Services
• C)Across the supply chain
• D)Turbulent business settings

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Definitions:

Product Variety

The assortment of different products or services offered by a firm or present in a market.

Product Differentiation

The strategy of highlighting what makes a product or service unique in the market to boost its appeal to a particular target group.

Innovation

The process of transforming ideas into new or improved products, services, or processes, driving economic growth and solving problems.

Horizontal Differentiation

Variability of products that are essentially similar but differ in terms of attributes like design, flavor, or brand.