kaizen budgeting - meaning and definition. What is kaizen budgeting
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What (who) is kaizen budgeting - definition

SINO-JAPANESE WORD FOR "IMPROVEMENT", REFERRING TO BUSINESS ACTIVITIES THAT CONTINUOUSLY IMPROVE
Kiazen; The Five S's; Kai Zen; Kaizen principle; Kaizen process; KAIZEN; Kaizen event; Kaizen blitz; System Kaizen
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Output budgeting         
MANAGEMENT TECHNIQUE
Planning, Programming and Budgeting System; Planning, programming, and budgeting system; PPBS; Planning, Programming, and Budgeting System
Output budgeting is a wide-ranging management technique introduced into the United States in the mid-1960s by Robert S. McNamara's collaborator Charles J.
kaizen         
[k??'z?n]
¦ noun a Japanese business philosophy of continuous improvement.
Origin
Japanese, lit. 'improvement'.
Kaizen         
is a concept referring to business activities that continuously improve all functions and involve all employees from the CEO to the assembly line workers. Kaizen also applies to processes, such as purchasing and logistics, that cross organizational boundaries into the supply chain.

Wikipedia

Kaizen

Kaizen (Japanese: 改善, "improvement") is a concept referring to business activities that continuously improve all functions and involve all employees from the CEO to the assembly line workers. Kaizen also applies to processes, such as purchasing and logistics, that cross organizational boundaries into the supply chain. It has been applied in healthcare, psychotherapy, life coaching, government, and banking.

By improving standardized programs and processes, kaizen aims to eliminate waste and redundancies (lean manufacturing). Kaizen was first practiced in Japanese businesses after World War II, influenced in part by American business and quality-management teachers, and most notably as part of The Toyota Way. It has since spread throughout the world and has been applied to environments outside of business and productivity.