Question: It was discussed in class that Toyota values the quantity of employee suggestions more than the quality. Compare this approach with the typical approach in

It was discussed in class that Toyota values the

It was discussed in class that Toyota values the quantity of employee suggestions more than the quality. Compare this approach with the typical approach in companies where suggestions are evaluated on the basis of savings and employees rewarded based on the amount of savings. Discuss which of these two approaches is better, giving suitable reasons for your answer. [6]

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

On January 1, 20X1, Popular Creek Corporation organized SunTime Company as a subsidiary in Switzerland with an initial investment cost of Swiss francs (SFr) 60,000. SunTime's December 31, 20X1, trial...

This is a subjective question, hence you have to write your answer in the Text Field given below It was discussed in class that Toyota values the quantity of employee is more than the quality compare...

Is there someone who can edit an accounting financial analysis or answer theses questions for this project on for the financial stamens in the Empire company? Acctg 501 Fall 2016 Term Project This...

Introduction In 2010, New United Motor Manufacturing, Inc., a unique and highly successful joint venture between Americas General Motors and Japans Toyota, went out of business. NUMMI, as the...

you will be given a Organization Profile in which you will then answer your questions according to the information in the Organization Profile. The questions should be formatted such that when I send...

Question: Summarize the entire report, highlighting key points, findings, and recommendations for incorporating in the executive summary recommendations. This study delves into the intricacies of...

London School of Science & Technology Qualification Unit number and title BTEC Level 5 HND Diploma Business UNIT 6: Business Decision Making Student name and ID number Assessor name Al Hassan Barrie...

According to the concepts discussed in class, explain why automotive companies foresee the difficulty of cultural diversity to manage and coordinate? (Apply at least two concepts from Week 3) 1 page...

Political editorial writer Dee Bunker Fish is interested in campaign spending by current members of the state legislature. More specifically, she is interested in the contrast in the spending levels...

Why would a company that is not required to file with the SEC want to comply with the provisions of Sarbanes-Oxley? Why would the company not want to comply with SOX? Specifically address the type of...

The Options Clearing Corporation ( OCC ) seves as a guarantor on option contracts traded in the United States, True F: 7 : 1

What is an example of constructive feedback? provide reference