The Implementation of Small, Incremental Improvements in All Areas of the Organization

question 12

True/False

The implementation of small, incremental improvements in all areas of the organization on an ongoing basis refers to continuous improvement.

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Definitions:

Par Value

The face value of a bond or stock, as stated on the certificate, which is the minimum stated value.

Convertible Debentures

Bonds that can be converted into a predetermined amount of the issuing company's equity at certain times during their life, usually at the discretion of the bondholder.

Conversion Price

The predetermined price at which convertible security, such as a bond or preferred stock, can be converted into a specified number of shares of common stock.

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation and a claim on part of the company’s profits.