ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
“Kaizen” is a Japanese term meaning
A
a fool proof mechanism
B
Just-in-time (JIT)
C
a fishbone diagram
D
continuous improvement
Explanation: 

Detailed explanation-1: -Kaizen is a compound of two Japanese words that together translate as “good change” or “improvement.” However, Kaizen has come to mean “continuous improvement” through its association with lean methodology and principles. Kaizen has its origins in post-World War II Japanese quality circles.

Detailed explanation-2: -Kaizen is a Japanese term meaning “continuous improvement."

Detailed explanation-3: -Kaizen events are traditionally short-term brainstorming and implementation sessions intended to improve an existing process. Employees, managers and even C-level owners get together to map out existing processes, discuss ways these processes can be improved and determine action items within the scope of the operators.

There is 1 question to complete.