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The business philosophy of Lean Management originated from:

AFord Production System

BToyota Production System (TPS)

CJapanese agriculture system

DAmerican industrial revolution

Answer:

B. Toyota Production System (TPS)

Read Explanation:

  • Lean Management evolved from the Toyota Production System in post–World War II Japan.


Related Questions:

Consider the following statements: Which is/are correct?

  1. Harmony not discord means complete harmony between management and workers with a mental revolution.
  2. Cooperation, not individualism, is an extension of Harmony not discord.
  3. Taylor believed competition between management and workers leads to maximum efficiency.
  4. Management sharing gains with workers is part of Taylor’s philosophy.
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    1. Functional foremanship involves division of work and specialization at the shop floor with multiple foremen.
    2. Taylor proposed that one foreman should have all the qualities of intelligence, tact, special knowledge, manual dexterity, and health.
    3. Eight specialist foremen are appointed for planning and execution under Taylor’s system.

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