Examlex

Solved

A Lean Business Model Aims to Eliminate Waste While Satisfying

question 43

True/False

A lean business model aims to eliminate waste while satisfying the customer and providing a positive return to the company.


Definitions:

Firm

A business organization, such as a corporation, partnership, or sole proprietorship, engaged in commercial, industrial, or professional activities.

Abusive Supervisors

Managers or superiors who engage in persistent patterns of mistreatment towards their subordinates.

Higher Management

Senior-level executives or administrators in an organization responsible for making strategic decisions and overseeing overall operations.

Team Player

One who emphasizes group accomplishment and cooperation rather than individual achievement and not helping others.

Related Questions