Kaizen for Sustainable Economic Growth Quiz

What is the main driving force for sustainable economic growth according to economists?

• Skilled workers

• New machinery

• Productivity gains

• Technology

What is a prerequisite for substantial improvements in productivity?

• New machinery

• Good management

• Advanced technology

• Highly-educated workers

What is the name of the management philosophy and expertise that brings about continuous, participatory, incremental, and low-budget improvements in quality, productivity, cost, delivery, safety, morale, and environment?

• Lean production

• Total Quality Management

• Kaizen

• Six Sigma

Where were kaizen methodologies developed during the high-growth period in the 1960s-70s?

• Japan

• China

• United States

• Germany

What is the acronym used to describe the proposed support measures by government or development partners, beginning with kaizen training for entrepreneurs, followed by investment in infrastructure and financial support?

• SWOT analysis

• TIF strategy

• KPI approach

• ROI model

What is the worst option when productivity gains associated with kaizen generates a surplus of labor on the production floor?

• Make the surplus workers redundant

• Move the best workers to more creative jobs

• Provide additional training to surplus workers

• Hire more workers

What is indispensable for the commitment of top-level management to support and encourage workers to undertake activities that include kaizen?

• Promotions

• Recognition and rewards

• Employee of the month award

• Financial incentives

What is the main focus of kaizen as a management philosophy and expertise?

• Maximizing profits

• Continuous improvement

• Cost-cutting measures

• Employee layoffs