Continuous Improvement Is Based on the Japanese Concept Called Kaizen

question 195

True/False

Continuous improvement is based on the Japanese concept called Kaizen.

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Definitions:

Innovator

An individual or organization that introduces new ideas, products, or methods, often leading to changes in a market or industry.

Diffusion Curve

A graphical representation showing the rate at which a new product, service, or innovation is adopted by users over time.

Maturity Phase

The stage in a product lifecycle or business where growth stabilizes and sales peak.

New Product Development

The process of bringing a new product or service to market, from concept through design, creation, and launch.