Business
Business, 17.09.2021 16:10, jasminemora4

1. Inventory system in which goods are manufactured or purchased just as they are needed for sale. 2. A method of allocating overhead based on each product's use of activities in making the product. 3. Systems that are especially important to firms adopting just-in-time inventory methods. 4. Provides guidelines for companies to describe their sustainable business practices to external parties. 5. Part of the value chain for a manufacturing company. 6. The U. S. economy is trending toward this. 7. A performance-measurement approach that uses both financial and nonfinancial measures, tied to company objectives, to evaluate a company's operations in an integrated fashion. 8. Requires that top managers certify that the company maintains an adequate system of internal controls. Terms: a. Activity-based costing b. Balanced scorecard c. Total quality management (TQM) d. Research and development, and product design e. Service industries f. Just-in-time (JIT) inventory g. Sarbanes-Oxley Act (SOX) h. Global Reporting Initiative

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