Which of the Following Is NOT an Example of a Firm

question 28

Multiple Choice

Which of the following is NOT an example of a firm becoming more of a "lean thinker" in its operations?

• A) simplifying financial reporting to avoid providing redundant or useless information
• B) developing products in the most efficient manner
• C) reducing scrap material being generated in the production process
• D) all of the above are examples of "lean thinking"
• E) none of the above are examples of "lean thinking"

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Definitions:

Stakeholders

Individuals or groups that have an interest or stake in the success and activities of a company or project.

Universalization Test

A philosophical concept used in ethics to determine if an action's principle can be applied universally without contradiction.

Universalization Test

A principle in ethics asking whether an action's rationale could be universally applied, contributing to evaluating its moral worth.

Complicity

Involvement as a partner or accomplice, especially in a crime or other wrongful act.