Research Finds That with the Declining Economic Situation, Employees Only

question 8

True/False

Research finds that with the declining economic situation, employees only value financial types of rewards, such as pay, which are designed to assist in maintaining employee commitment.

---

Definitions:

Distribution System

A network of facilities and delivery options that moves goods from producers to consumers.

Airfreight

Transport of goods by aircraft, a fast but generally more expensive method of shipping goods over long distances.

JIT

Just-In-Time is a management strategy that aligns raw-material orders from suppliers directly with production schedules to minimize inventory costs.

Supply-Chain Strategy

A plan for managing all aspects of a product's supply chain, from raw materials to distribution, to maximize efficiency, reduce costs, and enhance competitiveness.