Managing requires _____,while leading includes setting the direction.

orchestrating change

planning and budgeting routines

creating followers

creating a vision

inspiring people

Which of the following is true of just-in-time (JIT)?

In JIT, a customer order triggers a factory order and the production process.

JIT offers efficiency only when the costs of storing items are lower than the costs of frequent delivery.

JIT calls for subassemblies and components to be manufactured in very large volumes.

JIT is limited to the production department and cannot be applied as a companywide philosophy.

In JIT, external suppliers deliver raw materials to the company at least three months before production.