Jamal,an Efficiency Expert,proposes the "Just-In-Time" Inventory Method to Liza,the CEO

question 8

Multiple Choice

Jamal,an efficiency expert,proposes the "just-in-time" inventory method to Liza,the CEO of Neptune Inc.If Liza is to accept the proposal,which of the following changes is he most likely to implement in Neptune Inc.?

• A)He is likely to avoid made-for-order method of manufacturing.
• B)He is likely to create a larger storage space for inventories.
• C)He is likely to introduce processes that support lean production.
• D)He is likely to manufacture mass products well ahead of demand.
• E)He is likely to stock a backup of supplies for emergencies.

Recognize the frequency of Goodwill impairment tests under IFRS.

Identify the triggers for Goodwill impairment testing in private enterprises.

Understand the use and functionality of hardware and software in communication technologies.

Recognize and mitigate cybersecurity threats and understand cyberbullying.

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Definitions:

Business-to-Business

Transactions or interactions that occur between businesses, as opposed to those between a business and an individual consumer.

Buying Situations

Various scenarios or contexts in which a purchase is made, which can influence the decision-making process and marketing strategies.

Modified Rebuy

A buying situation in which an organization makes some changes to an existing purchase agreement, perhaps adjusting quantities, delivery schedules, or product specifications.

Evoked Set

A group of relevant brands or products that a consumer recalls from memory when making a purchasing decision.