Which of the following is TRUE of Just-in-Time (JIT) Management?
A) It results in more storage and insurance costs.
B) It is a system in which the company produces products only after receiving an order.
C) It promotes surplus inventory to prevent production shut-down in case of supply interruptions.
D) It requires a surplus inventory of finished goods to ensure timely, or just-in-time, delivery to customers.
B) It is a system in which the company produces products only after receiving an order.
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Which of the following transactions is a significant noncash investing and financing activity?
a. Land is purchased for cash. b. Bonds are issued for cash. c. Cash equivalents are purchased. d. Equipment is acquired by issuing a long-term note.
The ______, or the reason for or the event at which you are speaking, will help you decide on the topic, tone, and length of the presentation, or the style you choose.
a. audience b. occasion c. environment d. atmosphere
Geneva is one of the best recruiters at Acme Global. What makes Geneva so successful is her ability to hear the words recruits are saying as well as understand the context of the conversations. Geneva is good at ______.
A. realistic job previews B. active listening C. selection D. appraisal
What is flextime?
What will be an ideal response?