JIT Was Based on the Need for

question 134

Multiple Choice

JIT was based on the need for

• A) survival
• B) waste elimination
• C) better working conditions
• D) consistent application of policies
• E) consistent supplier performance

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Definitions:

Common Stock

A type of equity security that represents ownership in a corporation, with holders usually having voting rights and a claim on profits.

Cash Dividend

A payment made by a company out of its profits to shareholders, usually in the form of cash.

Dividend Payment

A distribution of a portion of a company's earnings to its shareholders, typically in the form of cash or stock.

Common Stock

A type of equity security that represents ownership in a corporation, with voting rights and a share in profits through dividends.