In Certain Cases, It Is Possible to Convert a Physical

question 62

Short Answer

In certain cases, it is possible to convert a physical good, such as a CD, software, or a newspaper, into a _______________ good that can be downloaded upon purchase.

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Definitions:

JIT

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

Servicescape

The physical environment of a service delivery, influencing customer perceptions and behaviors within a service setting.

JIT Partnership

denotes a collaborative arrangement between suppliers and buyers where just-in-time manufacturing principles are applied, aiming to minimize inventory levels and streamline production processes.

Inventory

The total amount of goods or materials contained in a store or factory at any given time.