Companies implementing kaizen budgeting believe that employees who actually do the job have the best knowledge of how the job can be done better.

Question

Quizplus · Accepted Answer

Kaizen budgeting is based on the idea of continuous improvement and involving employees in the process. It is believed that employees who are directly involved in the processes have valuable insights and knowledge on how to improve those processes. Therefore, companies implementing kaizen budgeting rely on the input of employees to identify areas of improvement and make budget decisions accordingly.

Companies Implementing Kaizen Budgeting Believe That Employees Who Actually Do