The Western Saying "If It Ain't Broke,don't Fix It" Is

question 75

Multiple Choice

The Western saying "If it ain't broke,don't fix it" is the antithesis of ______.

• A)jidoka
• B)heijunka
• C)kaizen
• D)poke yoke

Define productivity and recognize activities that improve quality and productivity.

Understand the limitations and scope of quality-control programs in detecting defects.

Assess the impact of high turnover on company expenses and productivity.

Recognize the importance of employee involvement in productivity improvement processes.

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Definitions:

First Quarter

Typically refers to the first three months of a financial year, used as a reporting period by businesses and other organizations.

Operating Cycle

The duration between a company's purchase of inventory and the receipt of cash from accounts receivable, reflecting the efficiency of a company's cash flow.

Inventory

refers to the goods and materials a business holds for the ultimate goal of resale or production.

Credit Card

A payment card issued to users as a method of payment allowing the cardholder to borrow funds, typically at point of sale, under the condition of paying back the borrowed money plus interest.