A Just-In-Time System Is Designed to Stretch Accounts Payable as Long

question 6

True/False

A just-in-time system is designed to stretch accounts payable as long as possible.

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Definitions:

Motivation

The drive or force that encourages individuals to act towards achieving a goal.

Team Performance

Refers to the level of efficiency, effectiveness, and productivity with which a group of individuals achieves shared goals.

Cross-functional Team

A cross-functional team is composed of members from different departments or specialties working together towards a common objective.

Diversity

represents the range of different characteristics and attributes among people, including but not limited to race, ethnicity, gender, age, or sexual orientation.