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Kaizen costing is a method that many Japanese companies have found effective in reducing costs. From a behavioral point of view, answer these questions: Discuss the similarities and differences in the process by which cost reduction under both systems occurs. Be specific in your answer.

a. What are the biggest problems in using Kaizen costing?

b. How can managers overcome these problems.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9797700

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