JIT Manufacturing Cannot Succeed If Set-Up Costs Are Too High

question 68

True/False

JIT manufacturing cannot succeed if set-up costs are too high.

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Definitions:

Multinational Corporation

A large company that operates and invests in multiple countries outside of its home country.

Public Relations

The practice of managing and disseminating information from an individual or an organization to the public to influence their perception.

Divisional Structure

An organizational framework where operations are grouped based on divisions, which could be organized by product lines, geographical locations, or customer segments.

Meganational Company

A large corporation operating in multiple countries around the globe.