Problem-Solving Teams Were Introduced in the United States in the 1940s

question 10

Multiple Choice

Problem-solving teams were introduced in the United States in the 1940s to help solve problems on the factory floor.The Japanese began widespread implementation of similar teams,called _____.

• A)quality circles
• B)quality teams
• C)process improvement teams
• D)continuous improvement groups

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Definitions:

Financing Activities

Transactions and events that affect the equity and long-term liabilities of a company, reflecting how it raises funds and repays its investors.

Operating Activities

Activities that relate to the primary operations of a company, such as selling products or services and administrative expenses.

Taxes

Compulsory charges imposed by governments on individuals or entities to fund public services and infrastructure.

Investing Activity

Transactions involving the purchase and sale of long-term assets and investments, part of a company's cash flow statement that indicates how funds are used and generated.