Managers can achieve planned cost reductions in a Kaizen costing system through
I. Value chain analysis
II. Gain-sharing programs with employees
III. Supply chain analysis
A) I and II
B) I and III
C) II and III
D) I, II, and III

Question

Quizplus · Accepted Answer

Kaizen costing focuses on continuous improvement and cost reduction throughout the value chain, involving both internal processes and the supply chain. Gain-sharing programs with employees also encourage cost reduction efforts by sharing the financial benefits of those improvements.

Managers Can Achieve Planned Cost Reductions in a Kaizen Costing