Cross-Training Is a Common JIT Layout Tactic to Improve Flexibility

question 74

True/False

Cross-training is a common JIT layout tactic to improve flexibility.

---

Definitions:

Shareholder Theory

A theory in business ethics suggesting that the primary responsibility of a company is to maximize the wealth of its shareholders.

Triple Bottom Line Theory

A sustainability framework that examines a company's social, environmental, and financial performance, aiming to measure the broader impact of the company's activities.

Dividend Payments

Distributions of earnings made to shareholders by corporations, usually in the form of cash or additional shares.

Manufacturing Expenses

Costs associated with producing goods, including raw materials, labor, and overhead.