Contemporary Lean Thinking and Value Creation Quiz

Exploitative and high pressure on shop-floor workers

Lack of strategic-level thinking (correct)

Lack of contingency

Lack of sustainability of many lean transformation programs

Additional features or services

Customer requirements

Cost reduction

Internal waste reduction (correct)

When the product costs more than the value customers are willing to pay

When the product provides exactly as much value as the customer is willing to pay (correct)

When the product provides less value than the customer is willing to pay

When the product provides more value than the customer is willing to pay

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