A Kaizen Event Is a Slow Process in Which a Team

question 68

True/False

A kaizen event is a slow process in which a team or a department uses its resources into an
improvement project over a long time period.

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Definitions:

Venture Capital Acquisition

This refers to the purchasing of a company or a significant share of a company by a venture capital firm to provide capital for the start-up or expansion phases.

Optimal Amount

The most desirable quantity that maximizes efficiency or benefits based on available resources and constraints.

Expand R&D

The process of investing more resources into Research and Development to innovate and improve products or services.

Expected Rate Of Return

The anticipated profit or loss on an investment, expressed as a percentage of the investment's original cost.