A System in Which Companies Purchase Raw Materials Only When

question 261

Multiple Choice

A system in which companies purchase raw materials only when needed is called

• A)ABC.
• B)external failure costs.
• C)internal failure costs.
• D)JIT production.

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Definitions:

Minority Opinions

Opinions or viewpoints held by a smaller segment of a group, which differ from those held by the majority.

Implicit Attitudes

Unconscious beliefs or feelings that can influence one's behavior and understanding without one's awareness.

Prejudice

Prejudice is a preconceived opinion that is not based on reason or actual experience, often involving discriminatory thoughts or beliefs towards different groups of people.

Unconscious

The unconscious consists of the processes in the mind that occur automatically and are not available to introspection, including thought processes, memories, interests, and motivations.