Kaizen refers to incorporating cost reductions:

Question

Quizplus · Accepted Answer

Kaizen is a continuous improvement approach that aims to incorporate cost reductions in each successive budgeting period. This involves making small, incremental improvements to processes and systems over time, with the goal of reducing waste and increasing efficiency. The focus is on finding ways to do things better, faster, and cheaper, without sacrificing quality or customer service.

Option B is not entirely correct, as Kaizen is not limited to customer service centers only. Option C is also not entirely correct, as Kaizen initiatives do not necessarily need to be tied to sales forecasts. Option D is incorrect, as only option A is the best answer.

Kaizen Refers to Incorporating Cost Reductions