Which of the Following Statements Is True Regarding Kaizen

question 7

Multiple Choice

Which of the following statements is true regarding kaizen?

• A)It involves only the top management of the organization.
• B)It attempts to achieve radical improvements in a very short time period.
• C)It requires very large financial investments.
• D)It focuses on small, gradual, and frequent improvements.

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Definitions:

Negligent

Failing to take proper care in doing something, leading to damage or injury to another.

Tender of Payment

An offer of money or its equivalent to satisfy a debt, made by a debtor to a creditor.

Face Amount

The sum of money stated on the face of a financial document, such as an insurance policy, bond, or certificate, that is payable at maturity.

Interest Accrued

Interest that has been earned but not yet paid.