The Concept "Just-In-Time" (JIT) Works Well If a Company Works

question 291

True/False

The concept "Just-In-Time" (JIT) works well if a company works with lots of suppliers. It also helps avoid the breakdowns that occur when operating with an enterprise resource planning system.

---

Definitions:

Federal Court Of Appeal

A high-level court that reviews decisions made by lower courts, focusing on the interpretation and application of federal law.

Business Method Patents

Patents that protect new and innovative methods of doing business, including online business practices, financial services, and insurance products.

Registered Trademark

A symbol, word, or phrase that has been officially registered with a government authority to differentiate products or services.

Trade Secret

A formula, practice, process, design, instrument, pattern, or compilation of information that is not generally known or reasonably ascertainable, by which a business can obtain an economic advantage over competitors or customers.