The Planning Tool Commonly Used by Japanese Managers for Policy

question 9

Short Answer

The planning tool commonly used by Japanese managers for policy deployment through a strategic planning process that utilizes project-based improvement is known as ________.

---

Definitions:

Quantity Change

A variation in the amount of goods or services produced or supplied, often measured to assess economic shifts or business performance.

Industry

A sector of the economy that involves the production and manufacturing of goods or the provision of services.

Long Run

A period during which all factors of production and costs are variable, in contrast with the short run where some costs are fixed.

Short Run

A period in economics during which at least one input, such as plant and equipment, is fixed, focusing on immediate effects of economic decisions.