The Model Whose Goal Is to Eliminate Waste While Satisfying

question 116

Multiple Choice

The model whose goal is to eliminate waste while satisfying the customer and providing a positive return to the company is:

• A) Managerial accounting model.
• B) Lean business model.
• C) Just-in-time manufacturing model.
• D) Corporate social responsibility model.
• E) Continuous improvement model.

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Definitions:

Continental Crust

The relatively thick part of the Earth's crust that forms the large landmasses. It is generally older, less dense, and composed mainly of granite.

Plate Boundary

Boundaries at the junction of two tectonic plates, frequently linked with earthquakes and volcanic actions.

Appalachian Mountains

A major mountain range in eastern North America, extending from the Canadian Maritime provinces to central Alabama in the United States.

Thrust Faulting

A type of faulting caused by compressional forces where older layers of rock are pushed up and over younger layers.