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Kaizen refers to incorporating cost reductions: A) in each successive budgeting period

B) in each successive sales forecast
C) in all customer service centers
D) All of these answers are correct.

User VictorGram
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Final answer:

Kaizen is a philosophy of continuous improvement in all areas of a business rather than a method for incorporating specific cost reductions in budgeting, sales forecasting, or customer service centers.

Step-by-step explanation:

Kaizen refers to the philosophy of continuous improvement, particularly in manufacturing and business processes. It focuses on efficiency, quality, and reducing waste, including reducing costs. However, the question specifically regarding incorporating cost reductions through Kaizen can be answered as none of the listed options directly. Kaizen is not solely about slotting cost reductions into budgeting periods, sales forecasts, or customer service centers, but rather about ongoing improvement that may lead to cost reductions across various aspects of a business. This philosophy can lead to reductions of pollution and also to cost savings in firms. These improvements typically happen where it is most effective and cheapest to do so, often by using the least expensive methods that do not compromise on quality.

User Davehauser
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