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The Improvements Gained Through Kaizen Budgeting Arise from Large Changes

question 20

True/False

The improvements gained through Kaizen budgeting arise from large changes made during the budget period as a result of executive leadership.

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Definitions:

Innovation

A process of implementing new ideas, creating dynamic products, or improving existing services.

Deregulation

The process of removing or reducing state regulations, typically in the economic sphere, to encourage more efficient and competitive markets.

Outcomes

The results or consequences of actions, often used in the context of evaluating the impact of decisions or experiments.

Changes

The process or act of making something become different in an essential way, often leading to new directions or conditions.

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