Significant feature of Kaizen Budgeting is

The correct answer is: A. employee suggestion

Kaizen budgeting is a continuous improvement process that involves employees in identifying and implementing cost-saving measures. This can be done through suggestion boxes, employee surveys, or team meetings. By involving employees in the budgeting process, businesses can tap into their creativity and problem-solving skills to find new ways to save money.

Employee suggestions can lead to a variety of cost savings, such as:

• Reducing waste
• Improving efficiency
• Finding new suppliers
• Developing new products or services

Kaizen budgeting is a win-win for both businesses and employees. Businesses can save money, while employees feel more valued and engaged in their work.

Here are some brief explanations of each option:

• Customer suggestion: This is not a significant feature of Kaizen budgeting. Kaizen budgeting is a process that focuses on internal cost savings, not on customer feedback.
• Cost suggestion: This is a significant feature of Kaizen budgeting. Kaizen budgeting is a continuous improvement process that involves employees in identifying and implementing cost-saving measures.
• Price suggestion: This is not a significant feature of Kaizen budgeting. Kaizen budgeting is a process that focuses on internal cost savings, not on pricing decisions.