161.Match the following terms with the appropriate definition. 1. Products in the process of being manufactured but not yet complete. 2. Reveals how many times a company uses its raw materials...

161.Match the following terms with the appropriate definition.

1. Products in the process of being manufactured but not yet complete. 2. Reveals how many times a company uses its raw materials inventory in production during a period. 3. Goods a company acquires to use in making products. 4. A model whose goal is to eliminate waste while satisfying the customer and providing a positive return to the company. 5. Expenditures directly associated with the manufacture of finished goods; includes direct materials and direct labor. 6. The idea that employees understand the changing needs and wants of their customers and align their management and operating practices accordingly. 7. An activity that provides financial and nonfinancial information to an organization's managers and other internal decision makers. 8. A system that acquires inventory and produces only when needed. 9. Aids in continuous improvement by augmenting financial measures with information on the drivers or indicators of future financial performance along the four dimensions of (1) financial, (2) customer, (3) internal business processes; (4) learning and growth. 10. An idea that rejects the notions of "good enough" or "acceptable" and challenges employees and managers to continually experiment with new and improved business practices.