Kaizen Costing Involves

question 124

Multiple Choice

Kaizen costing involves

• A) changing the standards frequently.
• B) changing management.
• C) outsourcing processes.
• D) major ad campaigns.

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Definitions:

Breach of Confidence

The unauthorized use or disclosure of confidential information that has been communicated in confidence.

Computer Software

Programs and other operating information used by a computer to perform specific tasks.

Confidential Information

Private information, the disclosure of which would be injurious to a business; a type of intellectual property.

Punitive Damages

Punitive damages are awarded in civil lawsuits as a punishment to the defendant and deterrent to others, over and above compensatory damages.