Lean Thinking Emphasizes Only on Learning New Skills to Improve

question 63

True/False

Lean thinking emphasizes only on learning new skills to improve and does not encourage the use of old skills in new ways.

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Definitions:

New Equity

Refers to capital that a company raises by issuing new shares of stock, thereby giving investors ownership interests.

Additional Profits

Additional profits refer to the surplus income generated beyond the expected or normal income levels due to various factors, such as increased sales or reduced costs.

ROE

Return on Equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.

Total Assets

The sum of all current and non-current assets owned by a company, indicated on the balance sheet, representing the total resources available to a company.