When Managing Inventory in a Just-In-Time Environment, There Is Less

question 82

True/False

When managing inventory in a just-in-time environment, there is less need to control personnel.

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Definitions:

Fashion Acceptance Cycle

The process through which new fashion trends are introduced, rise in popularity, peak, and eventually decline.

Overjustification Effect

A phenomenon in which being rewarded for doing an activity decreases a person's intrinsic motivation to perform that activity because the external reward overrides internal interest.

Delay Gratification

The ability to resist the temptation for an immediate reward and wait for a later reward.

Externality Hypothesis

A theory suggesting that individuals attribute their own behavior to external factors and circumstances beyond their control.