Chapter 15: Managing Inventroy And Supply Chains Flashcards
1
Q
mass customisation
A
Producing on a large scale
While allowing customers preferences to be met
2
Q
Part time
A
Staff work less than a full working week
3
Q
temporary staff
A
Work for a limited time
Like just for the summer
4
Q
Vertical integration
A
When one business joins another business at different stages of the same production process
5
Q
Corporate social responsibility
A
Extent of a business takes into account its stakeholders views and accepts its obligations to society
Over the legal requirements
6
Q
Outsourcing
A
When a company uses a separate business to complete art of its work
Example- cleaning to cleaning company
