A Management Concept That Seeks to Uncover and Eliminate Waste

question 36

Multiple Choice

A management concept that seeks to uncover and eliminate waste in all aspects of business activities is called:

• A) Continuous operations.
• B) Customer orientation.
• C) Just-in-time.
• D) Theory of constraints.
• E) Lean business model.

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Definitions:

Contract for Change

An agreement, often written, between an individual and themselves or another party, outlining goals and the steps to achieve them.

Overcome Barriers

The process of dealing with obstacles or challenges in a way that allows someone to achieve their goal.

Belief System

A structured set of principles and tenets that shapes an individual's perceptions and attitudes towards the world.

Perception

The process of organizing and interpreting sensory information to make sense of the environment around us.