Two Approaches for Breakthrough Improvement That Help Companies Achieve Stretch

question 93

Multiple Choice

Two approaches for breakthrough improvement that help companies achieve stretch goals are _____ and _____.

• A)brainstorming; team development
• B)Kaizen blitzes; quality circles
• C)benchmarking; reengineering
• D)innovation; feedback

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Definitions:

Variable Cost

A cost that changes in proportion to the level of activity or volume of output in production or business operations.

Delivery Cost

The expense incurred in transporting goods from one location to another, often considered in product pricing and logistics planning.

Sales Forecasts

Predictions of the sales that a company expects to achieve in a certain period, based on market research, trend analysis, and historical sales data.

Customer Service Personnel

Employees tasked with assisting customers by addressing inquiries, solving problems, and providing information about products or services.