The Japanese Term for Continuous Improvement Is

question 111

Multiple Choice

The Japanese term for continuous improvement is

• A) Poka-yoke
• B) Kaizen
• C) Kanban
• D) Muda
• E) Automation

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Definitions:

Net Income

The total earnings of a company after all expenses and taxes have been deducted from revenue, indicating the company's profitability.

Capital Balances

The amount of equity owned by investors or owners in a company or fund.

Net Loss

The amount by which total expenses exceed total revenues in a given period, indicating a financial loss for the business.

Salary Allowance

A predetermined amount of compensation allocated for salaries, possibly including additional benefits or allowances.