Question

The model whose goal is to eliminate waste while satisfying the customer and providing a positive return to the company is:

Select one:
a. Just in time manufacturing model.
b. Managerial accounting model.
c. Corporate social responsibility model.
d. Continuous improvement model.
e. Lean business model.

Answer 1

(e) Lean business model

Step-by-step explanation:

Lean business model is a model designed to reduce waste in businesses. This includes steady improvements and quality management and adequate inventory systems. Emphasis by the company is placed upon the customers and the consumers' desires are as much as possible met and in lean business model and a positive return from the customers to the company is the end goal of this model.