Efficiency and Competitiveness Tools Quiz

What does the word 'Kaizen' mean?

• Good and bad

• Good and change

• Change and improvement

• Improvement and perfection

Who introduced the methodology of Kaizen to the world?

• Kaoru Ishikawa

• Genichi Taguchi

• Taiichi Ohno

• Masaaki Imai

What is the main focus of Benchmarking?

• Maximizing waste

• Minimizing waste

• Optimizing production processes

• Increasing inventory

What is the purpose of JIT (Just In Time) philosophy?

• Increasing inventory

• Minimizing waste

• Optimizing production processes

• Maximizing waste

What is the main goal of Empowerment in an organization?

• Limited decision-making

• Micromanagement

• Strict hierarchy

• Ownership and involvement

What is the practice of outsourcing in business?

• Ignoring external service providers

• Delegating tasks to competitors

• Contracting out certain business functions

• Handling all tasks internally

What is one of the benefits of outsourcing for a business?

• Increased costs

• Unpredictable costs

• Limited access to global talent

• Risk mitigation

What is the main focus of Kaizen?

• Maximizing waste

• Minimizing waste

• Increasing inventory

• Optimizing production processes

What is the purpose of Benchmarking in business?

• To decrease competitiveness

• To increase waste in processes

• To highlight what it takes to enhance efficiency

• To ignore other companies in the industry

What is the main goal of JIT & Kanban in production and inventory management?

• To optimize production processes

• To increase waiting time

• To minimize waste

• To maximize defects