Question: Strategy companies employ to increase efficiency and decrease waste by receiving goods only when they are needed is called: A. Inventory Management. B. Process Management.

Strategy companies employ to increase efficiency and decrease waste by receiving goods only when they are needed is called:

A. Inventory Management.

B. Process Management.

C. Time Management.

D. Just-in-time (JIT) manufacturing.

E. Operations Management.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!