The Production System That Prizes Flexibility Over Efficiency and Quality

question 51

Multiple Choice

The production system that prizes flexibility over efficiency and quality over quantity is known as

• A)mass production
• B)craft production
• C)lean production
• D)electronic commerce

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Definitions:

New Vendor

A term used to refer to a supplier or service provider that has recently been added to a company's list of potential business partners.

Edit

The act of making changes or corrections to a document or file.

Vendor Transaction

A business event that involves the purchase of goods or services from a supplier.

Expense

An outflow of money or other resources spent by a business or individual in the course of generating revenue.