Examlex
You drive approximately the same route to and from school everyday.Yesterday as you drove the route,you came across a roadblock because of an accident several miles ahead of you.Rather than being completely lost,you immediately turned left and followed a route several blocks to the south of the route you normally take.What would be a likely explanation for the fact that the roadblock didn't throw you completely off?
Job Classifications
A system that categorizes jobs based on criteria such as responsibilities, skills required, and the complexity of tasks, often used for hierarchical organization and payroll.
JIT
Just-In-Time manufacturing is a management strategy that aligns raw-material orders from suppliers directly with production schedules to improve efficiency and reduce inventory costs.
Competitive Advantage
The conditions that allow a company or country to produce goods or services more effectively than competitors, leading to greater profits and market share.
JIT
Just-in-Time is a management strategy that aligns raw-material orders from suppliers directly with production schedules, aiming to reduce inventory costs.
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