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Finance 18 Online
OpenStudy (anonymous):

Which of the following is NOT an example of a firm becoming more of a lean thinker in its operations? a. simplifying financial reporting to avoid providing redundant or useless information b. developing products in the most efficient manner c. reducing scrap material being generated in the production process d. all of the above are examples of lean thinking e. none of the above are examples of lean thinking

OpenStudy (amistre64):

i got no idea what the proper definition for lean thinker is; but it sounds like all the examples are ways to streamline the efficiancy of a firm...

OpenStudy (anonymous):

lean thinking can also be thought of "as efficient as possible", or "eliminating everything that is not an absolute necessity". If operations are classified only as main processes, then financial reporting falls out of this category. If under operations is meant all the main and supporting processes of a company, then all the examples above are about lean thinking.

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