Asked by Claudia Holton on Jul 06, 2024
Verified
Concerning relationships with suppliers, which of the following combinations is critical to the success of JIT?
A) close relationships with trust
B) close relationships with skepticism
C) distant relationships with trust
D) distant relationships with skepticism
E) distant relationship with mistrust
JIT
Just-In-Time, an inventory management strategy that aims to reduce waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs.
Close Relationships
Bonds or connections characterized by strong emotional ties, mutual support, and ongoing personal interaction.
Distant Relationships
Connections or affiliations between individuals or entities that lack close proximity or frequent interaction.
- Acknowledge the positives and hurdles in implementing Just-In-Time alliances with suppliers.
Verified Answer
Learning Objectives
- Acknowledge the positives and hurdles in implementing Just-In-Time alliances with suppliers.
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