Asked by Elise Chiong on Jul 29, 2024
Verified
Under the kaizen concept, business productivity is viewed as an ongoing, continual process.
Kaizen
Literally, “to become good through change.” The concept of kaizen is one of restructuring and organizing every aspect of a system to ensure optimal efficiency.
Business Productivity
Measures how efficiently a company converts its resources into goods and services, directly impacting profitability and growth.
- Understand the kaizen concept and its impact on business productivity.
Verified Answer
NA
Narangpuri AkashJul 30, 2024
Final Answer :
True
Explanation :
The kaizen concept emphasizes continual improvement and views business productivity as an ongoing process that can always be improved upon. Therefore, the statement is true.
Learning Objectives
- Understand the kaizen concept and its impact on business productivity.
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