The definition of sardonic is acting in a mocking or sarcastic way to put someone down. An example of sardonic is a comedianâs sneering jokes about a specific group of people that he wants to criticize.
Kaizen Costing. Definition: Kaizen costing is the process of continual cost reduction that occurs after a product design has been completed and is now in production.
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: