The JIT Operating Philosophy Must Be Adopted by Everyone in a Company

question 113

True/False

The JIT operating philosophy must be adopted by everyone in a company before its total benefits can be realized.

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Definitions:

Self-concept

An individual's perception of self, including beliefs, feelings, and thoughts about one's identity and attributes.

Work

The exertion of effort towards achieving a goal, which can include employment as well as other forms of productive activity.

Service-based Economy

An economy that is primarily focused on the provision of services rather than the production of goods.

Industrialized Nations

Countries that have highly developed industries and infrastructure, often characterized by a high standard of living.