Johnson & Johnson delegates to its subsidiaries a great deal of authority to respond to local conditions. Many subsidiaries have their own manufacturing, marketing, research, and human resource functions

Under the just-in-time management system, ________

A) a company's storage costs increase B) a company's inventory insurance costs increase C) the floor space available for production increases D) the risk of the inventory becoming obsolete increases

Middle-income economies are often referred to as developed countries

Indicate whether the statement is true or false