Discuss the linkages between lean production and environmental sustainability.

What will be an ideal response?


Since lean production is ultimately concerned with waste reduction throughout the firm and its supply chains, the linkage between lean production and environmental sustainability should seem clear. Many organizations have realized the positive impact lean production can have on their environmental performance ? adopting lean practices reduces the cost of environmental management and then leads to improved environmental performance. Further, lean production increases the possibility that firms will adopt more advanced environmental management systems, leading to yet further improvements in environmental performance.

Business

You might also like to view...

Zebra Company overstated its December 31, 2016 inventory by $5,200 . Which statement is true concerning Zebra's financial statement amounts for 2016?

a. The current ratio is overstated. b. Cost of goods sold is overstated. c. Working capital is understated. d. Net income is understated.

Business

Briefly describe how salespeople and firms are applying CRM technology to prospecting.

What will be an ideal response?

Business

For the following second mortgage application, calculate the percentage of appraised value and the potential credit: Appraised Lender's Percentage of Balance of First Potential Value Percentage Appraised Value Mortgage Credit $177,430 70% $64,800

What will be an ideal response?

Business

A book department has $400,000 in yearly operating expenses and planned yearly sales of $4,800,000 . If reductions of $55,000 are anticipated and a profit goal of $500,000 is planned, its required initial markup should be 19.7 percent

Indicate whether the statement is true or false

Business