In a Lean System,there Are Fewer Transactions to Record Than

question 46

True/False

In a lean system,there are fewer transactions to record than there are in a traditional system.

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Definitions:

Sustaining

The process of maintaining or continuing an activity or process at a steady level without decline.

Self-interest

The consideration of one's own advantage or benefit, often driving behavior and decisions with the primary focus on personal gain.

Political Economist

An expert or scholar who studies the relationship between politics and the economy, including how political institutions, processes, and decisions affect economic policies and conditions.

Moral Philosopher

A scholar or thinker who specializes in ethical theory and questions of right and wrong, good and bad, virtue and vice, justice, and other moral concepts.