Toyota Employs All of the Following Principles and Practices as Part

question 133

Multiple Choice

Toyota employs all of the following principles and practices as part of The Toyota Way business philosophy EXCEPT:

• A)continuously improve business processes and products.
• B)empower individuals and teams.
• C)respect people.
• D)build trust.
• E)provide personalized and customized products.

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Definitions:

Additional Investment

Funds contributed by an investor or owner to increase the capital of a business or project.

Ending Balance

The final amount in an account at the end of a reporting period after all debits and credits have been accounted for.

Net Income

The remaining profit of a company after all necessary subtractions, such as taxes and expenses, from its revenue.

Net Income

A company's remaining earnings after deducting all taxes and costs from the complete revenue.