Examlex
Which of the following is not a basic principle of a lean operating system?
Budget Procedure
The process involving the creation, approval, and implementation of a financial plan for a business or an organization.
Top-Down Managerial
A management approach where decision-making and direction come from the top levels of the organization and flow downward.
Profit-Making Businesses
Enterprises or organizations that operate with the primary goal of earning financial profits.
Budgetary Slack
Excess resources set within a budget to provide for uncertain events.
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