The term just-in-time production is used synonymously with the term Lean production

Which of the following factors justifies long-channel approaches to distribution during the

maturity stage in the product life cycle? A) increased level of control over the brand equity B) improved differentiation of the product from competing products C) high variety of available alternate channels D) cost savings from reduced number of channel partners

Richard Bell, an organized crime boss and casino owner, has made a lot of money with his illegal drug operations and illegal gambling. He stashes away most of this drug money in personal lockers

In order to make it look like he earned it legitimately, Richard hired crooks to take the drug money and spend it in Richard's casinos in discreet amounts. The crooks are supposed to lose the money on purpose so that the casino can claim this as winnings. The crooks are then paid a small amount for their services. What crime is Richard committing in converting his drug money to alleged legal money? A) misappropriation B) embezzlement C) money laundering D) extortion