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Kaizen Is the Implementation of a Large Number of Small,incremental

question 23

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Kaizen is the implementation of a large number of small,incremental improvements in all areas of an organization on an ongoing basis.


Definitions:

Paid-In Capital

The total amount of money shareholders have invested in the company through the purchase of its stock.

Par

The face value of a bond or other financial instrument, often used in reference to its original issue value.

Stated Value

A value that is assigned to a share of stock by the company's board of directors, not based on market value, but used for accounting and reporting purposes.

Excess of Par

The amount by which a security's sale or issue price exceeds its par value.

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