Question
Which of the following is a wastage controlling
technique which means continuous improvement?Solution
Kaizen, means continual improvement. Continuous improvement is the continual examination and improvement of existing processes and is very different from approaches such as business process re-engineering (BPR), which seeks to make radical one-off changes to improve an organization's operations and processes. This philosophy implies that small, incremental changes routinely applied and sustained over a long period result in significant improvements. The kaizen strategy aims to involve workers from multiple functions and levels in the organization in working together to address a problem or improve a particular process. Some of the activities in the kaizen costing methodology include the elimination of waste in the production, assembly, and distribution processes, as well as the elimination of work steps in any of these areas
Who has been reappointed for a second term as the Executive Director of UN Women in 2025?
When was the Botanical Survey of India (BSI) founded?
What was SBI’s net profit in FY25?
India’s first ambulance for street animals has been launched in ______________ which is started by the Blue Cross of India in collaboration with ...
In March 2022, Katalin Novak was elected as the first-ever female _____________ of Hungary.
Which of the following are correctly matched with respect to Drama and their Author?
Who is the CMD of REC Ltd.?
Who has been appointed as the chief selector of the Indian men's cricket team?
Why is the National Crisis Management Committee (NCMC) meeting, and what is the current status of the impending cyclonic storm 'Michaung'?
Consider the following statements in regards to generative AI.
1) It is a transformative type of artificial intelligence.
2) Accenture has...