Question

The model whose goal is to eliminate waste while satisfying the customer and providing a positive return to the company is: Multiple Choice Just-in-time manufacturing model. Managerial accounting model. Corporate social responsibility model. Continuous improvement model. Lean business model.

Answer 1

Answer:

The correct answer is letter "E": Lean business model.

Explanation:

The lean business model is a study that aims to improve the efficiency of a company. That can be achieved by implementing new practices to eliminate old, ineffective strategies, analyzing the company product mix to find out if unprofitable goods are being still produced or rearrange unit teams. Improving leadership skills, workers' commitment, and the institution's growth are some of the advantages of the lean business model.