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.

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Definitions:

Government Spending

Expenditures by the government for goods and services that government consumes for public purposes or to benefit its citizens.

Fiscal Year

A 12-month period that businesses and governments use for accounting purposes, which may or may not align with the calendar year.

Private Sector

The part of the economy that is run by individuals and companies for profit and is not under direct governmental control.