________ Is a Philosophy of Continuous Improvement of Products and Processes

question 175

Multiple Choice

________ is a philosophy of continuous improvement of products and processes.

• A)Just-in-time (JIT)management
• B)Enterprise resource planning (ERP)
• C)Supply chain management
• D)Total quality management (TQM)

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Definitions:

Party

A person or entity involved in a legal transaction or case; can also refer to one side of a contractual agreement.

Notice of Lien

A legal document filed to indicate that a claim of ownership has been placed on a property due to unpaid debts.

Period of Time

A specific duration characterized by a starting point and an ending point.

Equity of Redemption

The right of a borrower to reclaim property that is subject to a mortgage by repaying the debt before the foreclosure sale.