Outline the Differences Made by JIT to the Importance of the Variable

question 66

Essay

Outline the differences made by JIT to the importance of the variable (marginal) costing and absorption costing.

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Definitions:

Codetermination

A practice where workers have a role in company management decisions, typically through participation on corporate boards.

Expatriate Manager

A manager who is working in a country different from their native country, often for a predetermined period.

Multinational Corporations

Companies that operate in multiple countries, often managing production or delivering services in more than one country.

Global Corporations

Large companies that operate and provide goods or services in multiple countries beyond their home country.