Complete the following statements with one of the terms listed here. You may use a term more than once, and some terms may not be used at all. E-commerce Shift to service economy XBRL Sarbanes-Oxley Act of 2002 Just in time Future ISO 9001:2008 Lean production ERP Present IFRS Total quality management Supply-chain management Cross-functional teams GECED e. Most of the costs of adopting ERP, expanding into a foreign market, or improving quality are incurred in the serves the information needs of people in accounting as well as people in marketing and in the warehouse. but most of the benefits

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Complete the following statements with one of the terms listed here. You may use a term more than once, and some terms may not be used at all.
Shift to service economy
XBRL
Just in time
Future
ISO 9001:2008
Lean production
ERP
f.
i.
E-commerce
Sarbanes-Oxley Act of 2002
Present
IFRS
Total quality management
g. Firms adopt
e. Most of the costs of adopting ERP, expanding into a foreign market, or improving quality are incurred in the
h. Firms acquire the
Supply-chain management
Cross-functional teams
**
serves the information needs of people in accounting as well as people in marketing and in the warehouse.
to conduct business on the Internet.
certification to demonstrate their commitment to quality.
but most of the benefits occur in the
is a philosophy that embraces the concept that the lower the company's waste, the lower the company's costs.
Transcribed Image Text:K Complete the following statements with one of the terms listed here. You may use a term more than once, and some terms may not be used at all. Shift to service economy XBRL Just in time Future ISO 9001:2008 Lean production ERP f. i. E-commerce Sarbanes-Oxley Act of 2002 Present IFRS Total quality management g. Firms adopt e. Most of the costs of adopting ERP, expanding into a foreign market, or improving quality are incurred in the h. Firms acquire the Supply-chain management Cross-functional teams ** serves the information needs of people in accounting as well as people in marketing and in the warehouse. to conduct business on the Internet. certification to demonstrate their commitment to quality. but most of the benefits occur in the is a philosophy that embraces the concept that the lower the company's waste, the lower the company's costs.
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