MATCHING KEY TERMS AND DEFINITIONS

question 10

Multiple Choice

MATCHING KEY TERMS AND DEFINITIONS
-Corporations with significant operations in more than one country

• A)Multinational corporations
• B)Work process engineering
• C)Contingent workforce
• D)Baby-boomers
• E)Knowledge workers
• F)Outsourcing
• G)Downsizing
• H)Acquisition
• I)Core employees
• J)Rightsizing
• K)Workforce diversity
• L)Code of ethics
• M)Quality management
• N)Kaizen
• O)Globalization

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Definitions:

Materials Management

The inbound movement and storage of materials in preparation for those materials to enter and flow through the manufacturing process.

Push Strategy

A supply chain strategy in which a company builds goods based on a sales forecast, puts those goods into storage, and waits for a customer to order the product.

Responsive Supply Chain

A supply chain structured to quickly respond to market changes and customer demands.

Put-away

The process of moving goods from the receiving area to their designated storage location within a warehouse or distribution center.