The Kaizen Philosophy Applies to

question 84

Multiple Choice

The kaizen philosophy applies to

• A)employee development.
• B)safety stock.
• C)waste.
• D)supply chain management.
• E)MRP III.

---

Definitions:

Judicially Admitted

Statements or facts that have been acknowledged and accepted by a court as true and valid.

Partnership by Estoppel

A legal doctrine that treats a non-partner as a partner due to their actions or representations to third parties.

Statute of Frauds

A legal concept that requires certain types of contracts to be executed in writing and signed by the party to be charged with the contract.

Informal Documentation

Non-official records or papers that may not be formally recognized but can provide insight or evidence into particular areas or situations.