Companies Experience a Number of Benefits from JIT Including

question 39

Multiple Choice

Companies experience a number of benefits from JIT including:

• A)better customer acceptance of their products and services.
• B)increased job satisfaction among employees.
• C)a reduction of inventory and handling costs.
• D)longer equipment life and lower maintenance costs.

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Definitions:

Competencies

Competencies are a set of defined behaviors, skills, knowledge, and abilities that are required for effective performance in a job role or task.

Effective Performers

Individuals who consistently achieve or surpass their goals through skills, competencies, and behaviors that contribute notably to organizational success.

Ineffective Performers

Ineffective Performers are individuals whose work results do not meet the established standards or expectations due to skill gaps, lack of motivation, or other factors.

Resource Analysis

The process of evaluating the resources available to a project or business, determining their effectiveness and how they can be best utilized.