An innovation mindset that strives to meet customers' immediate needs quickly and inexpensively is referred to as:
A) Kaizen
B) Just-in-time control
C) Total quality management
D) Jugaad
E) XY Theory

Question

Quizplus · Accepted Answer

The term "Jugaad" originated in India and refers to a frugal and innovative approach to problem-solving that focuses on meeting the immediate needs of customers quickly and inexpensively. It is a mindset that encourages thinking outside the box and finding creative solutions to everyday challenges. The other options listed focus more on continuous improvement and quality control, rather than the quick and cost-effective delivery of value to customers.

An Innovation Mindset That Strives to Meet Customers' Immediate Needs