The implementation of a large number of small,incremental improvements in all areas of the organisation on an ongoing basis is called a(n):
A) open-book management
B) economic value added system
C) activity-based costing system
D) continuous improvement system
E) None of these choices.

Question

Quizplus · Accepted Answer

The implementation of a large number of small, incremental improvements in all areas of the organisation on an ongoing basis is called continuous improvement system. It involves constantly identifying areas for improvement and implementing changes to increase efficiency and effectiveness in all processes of the organization. A continuous improvement system is a key factor in achieving long-term success and competitiveness.

The Implementation of a Large Number of Small,incremental Improvements in All