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Question: Which of the following best defines the term Kaizen in the context of business management? A) A Japanese philosophy emphasizing continuous improvement in processes

Question: Which of the following best defines the term "Kaizen" in the context of business management? A) A Japanese philosophy emphasizing continuous improvement in processes and operations. B) A marketing strategy focused on aggressive pricing to gain market share. C) A financial model used for risk assessment in investment portfolios. D) A project management technique for rapid product development.

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