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Which of the following reactions is a substitution reaction?
Lean Business Model
Lean Business Model is a strategic approach focused on creating more value for customers with fewer resources, by minimizing waste and optimizing efficiency.
Continuous Operations
The assumption that a business will continue its operations into the foreseeable future, not intending to nor expecting to go bankrupt or to significantly alter its operations.
Just-In-Time
A production strategy that strives to improve a business's return on investment by reducing in-process inventory and associated carrying costs.
Fixed Cost
An expense that remains constant regardless of the volume of products or services manufactured or distributed.
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