Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Answers only please ! QUESTION 14 A company realizes that recent layoffs at its primary company reflect potential falling demands for its customers' products, and
Answers only please !
QUESTION 14
- A company realizes that recent layoffs at its primary company reflect potential falling demands for its customers' products, and hence for its own products. The company has engaged in:
- environmental scanning.
- mission statement redefinition.
- flow strategy.
- market segmentation.
QUESTION 15
- An example of an internal failure cost would be warranty cost.
- True
- False
QUESTION 16
- From an ethical standpoint, it is not a requirement to consider the greater societal effects of decisions that reduce the costs of quality.
- True
- False
QUESTION 17
- When a process fails to satisfy a customer:
- it is considered a defect.
- it is time to reengineer the process
- .it is quite often the customer's fault.
- it is usually half the customer's fault and half the company's fault.
QUESTION 18
- The Gap, Inc. has targeted teenagers and young adults in need of casual clothes, and through its GapKids stores, the parents or guardians of infants through 12-year-olds. This is an example of:
- a needs assessment.
- market segmentation
- .a collaborative effort between the company and its customers.
- a mission statement.
QUESTION 19
- A flowchart created at the strategic level of an organization should show:
- details of a process as bracketed by its scope.
- core processes and their linkages
- .individual steps that may have been aggregated at a higher level of analysis.
- areas that are seen and unseen by the customer.
QUESTION 20
- The five categories of activities (operation, transportation, inspection, delay, and storage) are used in which of the following methods of process analysis?
- capital budgeting
- flow diagram
- process chart
- multiple-activity chart
QUESTION 21
- A professor can grade a quiz in 30 seconds. Over the course of an academic year he has 6 sections of a course with an average of 30 students with 10 quizzes in each section. If he is paid $40 an hour, how much is his annual quiz-grading labor cost to the university?
- $600
- $36,000
- $60
- $100
QUESTION 22
- Benchmarking studies must have:
- a team composed of at least one member from each department in the organization.
- quantitative goals.
- a direct competitor for comparison.
- a team composed of at least one member from each department in the organization plus one customer of each process output.
QUESTION 23
- Core competencies are:
- another name for competitive priorities.
- product or service attributes that represent the needs of a particular market segment.
- various flow strategies
- .the unique resources and strengths that management considers when formulating strategy.
QUESTION 24
- The principle of postponement is employed by a producer using a(n):
- make-to-order strategy.
- engineer-to-order strategy.
- make-to-stock strategy.
- assemble-to-order strategy.
QUESTION 25
- A process is monitored with a control chart. The process is correctly judged to be in-control once the results from the most recent sample are plotted. Therefore, all of the output produced at that time is good.
- True
- False
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started