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Using a Strategy of _____,A Company Orders Only What It

question 190

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Using a strategy of _____,a company orders only what it needs,thus cutting the time and cost required to move raw materials into and out of storage.


Definitions:

Economic Analysis

The process of examining statistics and market dynamics to understand and predict trends, assess the performance of economies, or make business decisions.

Work Ethic

A set of values centered on the importance of working hard and demonstrating diligence, reliability, and responsibility in one’s job.

Legal Immigrants

Individuals who have been granted the right to live permanently and work in a country other than their own, in accordance with that country's immigration laws.

India

A country in South Asia, known for its diverse culture, languages, geography, and as the world's largest democracy.

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