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Ford Motor Company Reorganized Its Procurement Process by Simplifying and Streamlining

Question 68

Multiple Choice

Ford Motor Company reorganized its procurement process by simplifying and streamlining the process itself and as a result was able to cut the size of the accounts payable department by 95 percent.This is an example of:


A) retrenchment.
B) kanban.
C) kaizen.
D) continuous improvement.
E) reengineering.

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