The Model Whose Goal Is to Eliminate Waste While Satisfying

question 65

Multiple Choice

The model whose goal is to eliminate waste while satisfying the customer and providing a positive return to the company is:

• A)Just in time manufacturing model.
• B)Managerial accounting model.
• C)Corporate social responsibility model.
• D)Continuous improvement model.
• E)Lean business model.

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Definitions:

ERP Systems

Enterprise Resource Planning systems integratemany business management and operation processes and facilitate the flow of information within an organization.

SCIS Systems

Integrated technology platforms that support the management of the supply chain, focusing on improving efficiency and communication between participants.

Unified Solution

A strategy or product designed to address multiple challenges or requirements in a cohesive manner.

Information System

A structured, interacting, complex of people, machines, and procedures designed to generate an orderly flow of pertinent information, for use as a basis for decision-making in specific responsibility areas.