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Watch this Video "Blue jean waste". Describe your reaction to this video and how you would respond if you were a leader of one of the corporations involved. In your journal entry consider the following:
• How do your personal ethical values and principles drive your reaction?
• What are the implications to stakeholder relationships and social responsibility?
• Do you believe the corporations involved reacted appropriately? Why or why not?
• How could regulatory measures prevent this from occurring again in the future?
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Lean" thinking was first developed with manufacturing organisations in mind. Explain FIVE examples of ways in which these waste elimination principles may be applied to improve eff
A firm uses three machines in the manufacturing of three products: Each unit of product 1 requires three hours on machine 1, two hours on machine 2 and one hour on machine 3.
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