The Production System That Prizes Flexibility and Quality Over Efficiency

question 76

Multiple Choice

The production system that prizes flexibility and quality over efficiency and quantity is known as

• A)mass production.
• B)craft production.
• C)lean production.
• D)electronic commerce.

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Definitions:

Oral Agreement

A contract or agreement where the terms have been spoken but not written down, yet is legally binding.

Perform Services

The act of carrying out tasks or duties for someone else, typically in exchange for payment.

Statute of Frauds

The Statute of Frauds is a legal principle that requires certain types of contracts to be in writing and signed by the party being charged, to be enforceable.

Performance

The act of fulfilling the duties or obligations specified in a contract or agreement.