Examlex
In a JIT system, workers are trained to specialize in one specific task.
Rational Choice Paradigm
A theory positing that individuals make decisions by considering the available alternatives and selecting the most rational or advantageous option.
Satisficing
A decision-making strategy that aims for a satisfactory or adequate result, rather than the optimal solution, due to constraints such as time or information.
Failing Course
A situation in which a student does not achieve the required minimum grade to pass a specific course, affecting academic progress.
Tacit Knowledge
The knowledge that is difficult to transfer to another person by writing it down or verbalizing it; often gained through personal experience.
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