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Just in Time (JIT) has often been considered as a survival strategy for the manufacturing industry against fierce global market competition. The three words say it all, everything happens just in time. For example, consider my journey to college this morning, I could have left my house, just-in-time to catch a bus to the college, [...] Share:
        Economic Growth is different from economic development. Economic growth occurs when the economy’s Production Possibility Frontier (PPF) expands, which means that there is increase in the production of goods and services over a certain period of time. On the other hand, Economic development occurs when poverty, unemployment and income inequality are reduced, and standard of [...] Share:
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