refers to continual and gradual improvement through small betterment activities rather than large o...........

Costing - Phase (I & II) Lean System and Innovation

__________ refers to continual and gradual improvement through small betterment activities, rather than large or radical improvement made through innovation or large investment in technology.

JIT

Kaizen Costing

Six Sigma

Target Costing

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Explanation:

Kaizen Costing refers to continual and gradual improvement through small betterment activities, rather than large or radical improvement made through innovation or large investment in technology. It is a process of cost reduction during the manufacturing phase of an existing product.