The model whose goal is to eliminate waste while satisfying the customer and providing a positive return to the company is:
A)Just in time manufacturing model.
B)Managerial accounting model.
C)Corporate social responsibility model.
D)Continuous improvement model.
E)Lean business model.

Question

Quizplus · Accepted Answer

The Lean business model aims to eliminate waste by providing value to the customer and generating profits for the company. It focuses on continuous improvement, reducing costs, and improving quality while meeting customer needs. Therefore, this is the best choice for the given scenario.

The Model Whose Goal Is to Eliminate Waste While Satisfying