Multilateral system means any system or facility operated and/or managed by an investment firm or a market operator in which multiple third-party buying and selling trading interests in financial instruments are able to interact in the system.
Afsar Choudhury 11. Kaizen is a Japanese philosophy that focuses on continual improvement throughout all aspects of life. When applied to the workplace, Kaizen activities can improve every function of a business, from manufacturing to marketing and from the CEO to the assembly-line workers.
What is Kaizen? Kaizen is the practice of continuous improvement. Kaizen was originally introduced to the West by Masaaki Imai in his book Kaizen: The Key to Japanâs Competitive Success in 1986. Today Kaizen is recognised worldwide as an important pillar of an organisationâs long-term competitive strategy. Kaizen is continuous improvement that is based on certain guiding principles: