Management Notes

Reference Notes for Management

Based on his 14 points, deming is a strong proponent of 

Based on his 14 points, deming is a strong proponent of 

Based on his 14 points, deming is a strong proponent of 

 Options:

A. inspection at the end of the production process.
B. an increase in numerical quotas to boost productivity.
C. looking for the cheapest supplier.
D. training and knowledge.
E. all of the above.

The Correct Answer Is:

D. training and knowledge.

Read more

Productivity measurement is complicated by:

Productivity measurement is complicated by:

Productivity measurement is complicated by:

 Options:

A. the competition’s output.
B. the fact that precise units of measure are often unavailable.
C. stable quality.
D. the workforce size.
E. the type of equipment used.

The Correct Answer Is:

B. the fact that precise units of measure are often unavailable.

Read more

Which of the following phrases best describes process focus? 

Which of the following phrases best describes process focus? 

Which of the following phrases best describes process focus? 

 Options:

A. low volume, high variety
B. Finished goods are usually made to a forecast and stored.
C. Operators are less broadly skilled.
D. high fixed costs, low variable costs
E. low inventory

The Correct Answer Is:

A. low volume, high variety

Read more

Which of the following is not an attribute of lean operations 

Which of the following is not an attribute of lean operations 

Which of the following is not an attribute of lean operations 

 Options:

A. eliminating almost all inventory through just-in-time techniques
B. minimizing space requirements by reducing the distance a part travels
C. pushing responsibility to the highest level possible through centralized decision making
D. educating suppliers to accept responsibility for helping meet customer needs
E. building worker flexibility through cross-training and reducing job classifications

The Correct Answer Is:

C. pushing responsibility to the highest level possible through centralized decision making

Read more

Which statement best describes the concept of “total quality”?

Which statement best describes the concept of "total quality"?

Which statement best describes the concept of “total quality”?

 Options:

A) Total quality is about reaching a peak level of quality and maintaining it.
B) Total quality is about building quality into every step of the production process.
C) Total quality is about shifting the responsibility for quality control to one team.
D) Total quality is about inspecting products when they are finished.
E) Total quality is like visiting a doctor to treat the symptoms as opposed to remedying the source of the illness.

The Correct Answer Is:

B) Total quality is about building quality into every step of the production process.

Read more

The three classic types of negotiation strategies are

The three classic types of negotiation strategies are

The three classic types of negotiation strategies are

 Options:

A) supplier evaluation, supplier development, and supplier selection
B) Theory X, Theory Y, and Theory Z
C) many suppliers, few suppliers, and keiretsu
D) cost-based price model, market-based price model, and competitive bidding
E) traditional auctions, reverse auctions, and online exchanges

The Correct Answer Is:

D) cost-based price model, market-based price model, and competitive bidding

Read more

Which of the following is not an element of tqm?

Which of the following is not an element of tqm?

Have you ever struggled to answer the question “which of the following is not an element of tqm?” in relation to the concept of in relation to the concept of Management? There’s no need to worry about it anymore. This post contains the correct answer to your question. Which of the following is not an … Read more

Which of the following statements about radio as an advertising medium is true?

Which of the following statements about radio as an advertising medium is true?

Have you ever struggled to answer the question “which of the following statements about radio as an advertising medium is true?” in relation to the concept of in relation to the concept of Management? There’s no need to worry about it anymore. This post contains the correct answer to your question. Which of the following … Read more