Which of the Following Is NOT a Feature of Kaizen

question 30

Multiple Choice

Which of the following is NOT a feature of Kaizen blitz teams?

• A)It is comprised of employees from all areas involved in the process.
• B)Compared to other approaches, this is long-term approach.
• C)The team can implement changes on the spot.
• D)Improvement is immediate and satisfying for all those involved in the process.

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Definitions:

Equation of Exchange

An economic equation that relates the quantity of money, its velocity, and the price level of goods and services to the nominal value of transactions.

Inflation Rate

The uptick in percentage of goods and services' prices in an economy throughout a certain duration.

Annual Income

The total amount of income earned over a year from all sources including wages, salaries, bonuses, dividends, and interest.

Nominal Interest Rate

The rate of interest charged on a loan without taking the inflation rate into account.