JIT Considers __________ to Be a Company's Most Precious Resource

question 47

Multiple Choice

JIT considers __________ to be a company's most precious resource.

• A) Capital
• B) Productive equipment
• C) Information
• D) People
• E) Vision

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Definitions:

Mediator

A neutral third party who facilitates negotiation and attempts to help disputing parties reach a mutually acceptable agreement, without having the power to impose a solution.

Corporate Campaigns

Strategies used by labor unions or activist groups to pressure a company into changing its practices, often involving public relations efforts.

Intermittent Strikes

A labor strategy where workers strike periodically and unpredictably to exert pressure without completely halting operations.

Railway Labor Act

A U.S. federal law passed in 1926 that governs labor relations in the railway and airline industries, aiming to avoid service disruption and ensure workers' rights.