Kaizen costing involves
A) changing the standards frequently.
B) changing management.
C) outsourcing processes.
D) major ad campaigns.

Question

Quizplus · Accepted Answer

Kaizen costing is a cost reduction technique that involves continuously making small improvements in processes and products to reduce costs. This is achieved by changing standards frequently, streamlining processes, and simplifying designs. Therefore, the best option is A, changing the standards frequently. B, changing management, and C, outsourcing processes, are not directly related to Kaizen costing, and D, major ad campaigns, is irrelevant to the cost reduction technique.

Kaizen Costing Involves