In Japanese operations strategy, kaizen refers to
A) zero defects.
B) total quality management.
C) value chain.
D) continuous improvement.
E) rightsizing.
D) continuous improvement.
Explanation: A company attains and retains competitive advantage by continuing to improve. This concept, called kaizen, or continuous improvement, is a vital part of Japanese operations strategy.
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What are the two main types of personal power?
A. coercive and expert power B. reward and specialist power C. legitimate and reward power D. expert and referent power
Childers Company, which uses a perpetual inventory system, has an established petty cash fund in the amount of $400. The fund was last reimbursed on November 30. At the end of December, the fund contained the following petty cash receipts: December 4Freight charge for merchandise purchased$62December 7Delivery charge for shipping to customer$46December 12Purchase of office supplies$30December 18Donation to charitable organization$51If, in addition to these receipts, the petty cash fund contains $201 of cash, the journal entry to reimburse the fund on December 31 will include:
A. A credit to Cash Over and Short of $10. B. A debit to Petty Cash of $189. C. A debit to Transportation-In of $62. D. A credit to Office Supplies of $30. E. A credit to Cash of $199.
Rosemont Company began operations on January 1, Year 1, and on that date issued stock for $60,000 cash. In addition, Rosemont borrowed $50,000 cash from the local bank. The company provided services to its customers during Year 1 and received $35,000. It purchased land for $70,000. During the year, it paid $10,000 cash for salaries and $9,000 cash for supplies that were used up in its operations. Stockholders were paid cash dividends of $8,000 during the year.Required: a) List the transactions from the information above (for example, issued common stock for $60,000) and indicate in which section of the statement of cash flows each transaction would be reported.b) What would the amount be for net cash flows from operating activities?c) What would be the end-of-year balance for the cash
account? d) What would be the amount of the total assets for the Rosemont Company at the end of Year 1?e) What would be the end-of-year balance for the Retained Earnings account? What will be an ideal response?
To have a valid claim under Section 101(a)(5) and Section 102, the union member must have beenbsubjected to discipline by the:
a. union. b. federal court. c. labor department. d. National Labor Relations Board.