Toyota Employs All of the Following Principles and Practices as Part

question 143

Multiple Choice

Toyota employs all of the following principles and practices as part of "The Toyota Way" EXCEPT:

• A)continuously improve business processes and products.
• B)empower individuals and teams.
• C)respect people.
• D)build trust.
• E)provide personalized and customized products.

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Definitions:

Maximum Amounts

Maximum Amounts refer to the highest possible quantities or levels that are permissible or achievable under certain conditions.

Slack

The amount of time a project task can be delayed without causing a delay to subsequent tasks or the entire project.

Profit Margins

The percentage of revenue remaining after all operating expenses, taxes, and costs are paid, indicating the profitability of a company.

Maximum Amounts

The highest allowable quantities or levels for inventory, budgets, or resources within a specific context to prevent overallocation or waste.