The Implementation of a Large Number of Small,incremental Improvements in All

question 126

Multiple Choice

The implementation of a large number of small,incremental improvements in all areas of the organisation on an ongoing basis is called a(n) :

• A) open-book management
• B) economic value added system
• C) activity-based costing system
• D) continuous improvement system
• E) None of these choices.

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Definitions:

Experiential

Relating to or derived from experience; emphasizing the importance of personal experience in the acquisition of knowledge.

Contextual

Pertaining to or depending on the context of a situation, event, or concept, affecting its understanding and interpretation.

Intelligence

The ability to acquire, understand, and apply knowledge and skills, and to adapt to new situations.

Visual-recognition Memory

The ability to remember and recognize previously encountered objects, symbols, or individuals by sight.