According to ________,firms benefit from considering the interests of employees,customers,vendors,and other parties.

A) shareholder theory
B) strategic marketing theory
C) stakeholder theory
D) triple bottom line theory

Which of the following statements is correct concerning the elements of cycle time?

A) Move time is the time spent moving (1) raw materials from storage to production and (2) goods in process from one factory location to another factory location.
B) Inspection time is the time spent producing the product.
C) Process time is considered non-value-added time.
D) Wait time is considered value-added time.
E) Cycle efficiency is the ratio of non-value-added time to total cycle time.