Just-In-Time Inventory Management JIT Is an Inventory Strategy That Focuses

question 16

Multiple Choice

Just-in-time inventory management JIT is an inventory strategy that focuses on

• A)Performance measures.
• B)Reducing waste and inefficiency.
• C)Getting the right product to the right location at the right price.
• D)None of these ans choices are correct.

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Definitions:

Preferred Stock

Preferred stock is a type of stock that grants holders certain priorities over common stock, including dividends and asset liquidation, often without voting rights.

Common Stock

A type of equity security that represents ownership in a corporation, giving shareholders voting rights and a share in the company's profits through dividends.

Retained Earnings(Deficit)

The accumulated net income of a company minus any dividends paid to shareholders, reflecting the company's earnings reinvested in its operations.

Stock Split

An action by a company to increase the number of outstanding shares by dividing each share, which typically reduces the share price but does not change the overall market capitalization.