The Difference Between Honda's Employee-Driven Idea System (EDIS)and a Traditional

question 31

Multiple Choice

The difference between Honda's employee-driven idea system (EDIS) and a traditional suggestion box is that Honda's system

• A) does not pay employees for ideas.
• B) screens ideas for practicality before paying employees.
• C) requires those who submit ideas to follow through with the suggestion, overseeing its progress from concept to implementation.
• D) only ends up accepting about 10 percent of the suggestions submitted.

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Definitions:

Dividends

Profits distributed to shareholders as a reward for their investment in the company.

Liability Subsections

Refers to the various divisions or categories within liabilities on a balance sheet, detailing different types of obligations a company holds.

Current Liabilities

Financial obligations a company is expected to pay within one year, including accounts payable, short-term loans, and accrued expenses.

Asset Subsections

Categorizations within a company's assets on the balance sheet to provide detailed financial information.