Final answer:
The Japanese use kaizen to mean financing alternatives is FALSE. Kaizen is a management philosophy focused on continuous improvement, while financing alternatives refer to different methods of obtaining funding.
Step-by-step explanation:
The statement that the Japanese use kaizen to mean financing alternatives is FALSE. Kaizen is a Japanese management philosophy that focuses on continuous improvement in all aspects of an organization, including its processes and performance. It is not specifically related to financing alternatives.
Financing alternatives, on the other hand, refer to different methods or options that individuals or businesses can use to obtain funding or capital. Examples of financing alternatives include loans, venture capital, crowdfunding, and issuing bonds.
The economic success of Japan was largely attributed to its emphasis on manufacturing and efficient production processes, which were driven by principles such as kaizen. By continuously improving their manufacturing processes, Japanese companies were able to produce high-quality goods at competitive prices, contributing to the growth of the country's economy.