______ JIT involves a narrow focus on managing goods inventories.
Fill in the blank(s) with the appropriate word(s).
Little
Little JIT involves a narrow focus on managing goods inventories. This approach has been problematic for many companies who they failed to realize that what is important is "big JIT," a total system covering the management of people, materials, and relationships with suppliers (this total system is also called lean production). Moreover, many did not understand that JIT requires a thorough and companywide commitment to managing quality, of which continuous improvement is an integral part.
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Answer the following statements true (T) or false (F)
1. The task environment consists of groups that present workers with daily tasks to handle. 2. Customers are those who pay to use an organization’s goods or services. 3. Customers have more faith in health insurance companies to handle complaints than they have in apparel outlets. 4. Competitors compete solely for customers and raw materials.
Business analytics is defined as a set of tools and techniques used to retrieve, process, transform, and analyze data in order to generate business insights and make better decisions
a. True b. False
When Company X purchases Company Y, Company X should record Company Y's assets at their fair value at the time of the acquisition.
Answer the following statement true (T) or false (F)
A nonkey column is a column in a relation that is not a primary or a candidate key column
Indicate whether the statement is true or false