A key element of Japan's success in world markets is
A)the elimination of waste in all operations.
B)automation of the billing function.
C)inefficient labor forces in competing countries.
D)the verification procedures incorporated into computer programs.

Question

Quizplus · Accepted Answer

Japan's success in world markets can be attributed to the concept of "kaizen," which emphasizes the elimination of waste in all operations. This includes identifying and eliminating any inefficient processes or practices, improving efficiency, and making continuous improvements. This has allowed Japanese companies to produce high-quality products at lower costs, giving them a competitive advantage in the global market.

A Key Element of Japan's Success in World Markets Is