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Identify the following activities, performed on a manufactured product, as value-adding (V) or nonvalue-adding (NV).
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a. Receiving
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b. Storing raw materials
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c. Moving materials
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d. Working on product
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e. Painting product
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_____ f. Packing and shipping
_____ g. Engineering design of product
_____ h. Storing finished goods
Repeat Business
The recurrence of customer purchases due to satisfaction with a product or service, contributing to the company's revenue over time.
Attendance Plans
Policies or programs established by an organization to manage employee attendance, including tracking, incentives for good attendance, and consequences for excessive absenteeism.
Administering
The process of managing or supervising the execution, application, or conduct of something.
Legitimate Absences
Any absence from work that is sanctioned or permitted by the employer, often due to illness, family obligations, or other acceptable reasons.
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