Lean Production Is a Management Approach That Organizes Resources Such

question 37

True/False

Lean production is a management approach that organizes resources such as people and machines around the flow of business processes and that produces units only in response to customer orders.

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Definitions:

Realistic Job Previews

A tool used by organizations to give potential or new employees a true view of what their job will entail, both the positives and challenges.

Expectancy Theory

Expectancy Theory is a motivational theory suggesting that individuals are likely to engage in behaviors when they believe that their efforts will lead to desirable outcomes.

Incentive Pay

A compensation system designed to reward employees based on their performance, achievements, or the attainment of specific targets, aiming to motivate and improve productivity.

Personally Meaningful

Something that holds significant personal value or relevance to an individual, often tied to individual experiences or beliefs.