It Is True That Just-In-Time (JIT) Processing

question 7

Multiple Choice

It is true that Just-in-time (JIT) processing:

• A) is only suitable for large businesses.
• B) reflects a 'push' approach to manufacturing.
• C) runs the risk of interruptions in supply.
• D) sounds good in theory but doesn't work in practice.

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Definitions:

World Bank

A worldwide financial entity that supplies loans and grants to the governments of developing countries to support capital project initiatives.

Intellectual Property

Legal rights that protect creations of the mind, such as inventions, literary and artistic works, designs, and symbols.

Protect

To legally defend or safeguard an individual, group, or entity from harm or legal infringement.

CISG

The United Nations Convention on Contracts for the International Sale of Goods, a treaty providing a uniform international sales law.