Which of the following describes a system in which suppliers deliver materials at the time they are needed and finished units are completed when customer orders need to be filled?
A) Supply Chain Management (SCM)
B) Just-in-Time (JIT) Management
C) Enterprise Resource Planning (ERP)
D) Total Quality Management (TQM)
B
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Which of the following usually would be responsible for preparing operating center budgets?
a. managerial reporting officer b. budgeting department manager c. financial reporting officer d. operating line managers
?The market concept stresses that an organization can best achieve its objectives by being customer-oriented.
Answer the following statement true (T) or false (F)
The snap-back method of time study resets the stopwatch to zero on the completion of each work element
Indicate whether the statement is true or false
A mandatory arbitration agreement which provides that all claims be brought within 90 days of the date of the alleged violation would likely be:
a. enforceable b. unenforceable c. subject to amendment by the court