A Company Seeking to Implement the Five-S's Would Most Likely

question 54

Multiple Choice

A company seeking to implement the Five-S's would most likely do which of the following?

• A) Increase its supplier base
• B) Eliminate nonprofitable customers
• C) Conduct a kaizen blitz
• D) Thoroughly clean its work centers

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Definitions:

Current Margin

The existing difference between a company's sales and its variable costs, indicating the portion of sales revenue that covers fixed costs and profits.

Desired Margin

The target profit margin a company aims for in pricing its products or services.

Production Level

the quantity of goods and services produced by a business or economy within a certain period.

Perfectly Elastic

Describes a market condition where demand or supply responds instantaneously to changes in price with an infinite change in quantity demanded or supplied, depicted as a horizontal line in graphical analysis.