The Japanese Process of Continuous Improvement in the Organization's Production

question 27

Multiple Choice

The Japanese process of continuous improvement in the organization's production system from numerous small, incremental improvements in production processes is known as

• A) just-in-time.
• B) kaizen.
• C) kanban.
• D) ISO.

---

Definitions:

Income Distribution

Describes how a nation's total earnings are spread among its population, affecting economic inequality.

Household Income

The combined gross income of all members of a household, serving as a measure for various economic indicators and eligibility for financial assistance programs.

Annual Income

Annual income refers to the total earnings received by an individual, household, or entity within a year from all sources, including wages, investments, and other forms of compensation.

Income Distribution

How income is spread across different sections of the population, often used to analyze economic inequality.