Lean operations ______.
A. include just-in-time (JIT) practices
B. is a philosophy of radical improvement
C. benefit all employees in an organization
D. are easy to implement in a global supply chain
A. include just-in-time (JIT) practices
You might also like to view...
A corporation is owned 70% by Jones and 30% by Smith. Jones owns 70 shares with a cost of $100 each. Smith owns 30 shares with a cost of $100 per share. The company redeems 20 shares from Jones at a redemption price of $400 per share. No stock is redeemed from Smith. This is not a redemption to pay death taxes, and it is not a partial liquidation. What is the tax impact on Jones?
A. dividend income of $6,000 B. capital gain of $8,000 C. dividend income of $8,000 D. capital gain of $6,000
An example of the need for transportation speed in the service industry is ______.
A. hospitals needing drugs B. banks needing pens and other office supplies C. manufacturers needing electricity D. marketing agencies requiring advertising copy
Which of the following best describes the reason for allocating a joint cost?
a. control. b. decision making. c. evaluating employee performance. d. product costing.
An agreement between two parties to pay a lesser amount to settle an unliquidated debt is
a. enforceable, as there is consideration. b. unenforceable, as there is no consideration. c. enforceable in only some states. d. unenforceable as a violation of public policy.