Match each concept with its best description by entering its letter A through E in the blank. 1. Just-in-time manufacturing A. Focuses on quality throughout the production process. 2. Continuous improvement B. Flexible product designs can be modified to accommodate customer choices. 3. Customer orientation C. Every manager and employee constantly looks for ways to improve company operations. 4. Total quality management D. Reports on financial, social, and environmental performance. 5. Triple bottom line E. Inventory is acquired or produced only as needed.
Match each concept with its best description by entering its letter A through E in the blank. 1. Just-in-time manufacturing A. Focuses on quality throughout the production process. 2. Continuous improvement B. Flexible product designs can be modified to accommodate customer choices. 3. Customer orientation C. Every manager and employee constantly looks for ways to improve company operations. 4. Total quality management D. Reports on financial, social, and environmental performance. 5. Triple bottom line E. Inventory is acquired or produced only as needed.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Match each concept with its best description by entering its letter A through E in the blank.
1. Just-in-time manufacturing A. Focuses on quality throughout the production process.
2. Continuous improvement B. Flexible product designs can be modified to accommodate
customer choices.
3. Customer orientation C. Every manager and employee constantly looks for ways to
improve company operations.
4. Total quality management D. Reports on financial, social, and environmental performance.
5. Triple bottom line E. Inventory is acquired or produced only as needed.
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