Lean tools are primarily focused on:
A. Eliminating waste.A new process improvement team has just flowcharted how a process currently works. The value to the team is to:
A. Document and retain records demonstrating how work activities were performed at a specific moment in time.Which of the following customer segmentation factors would a company use to develop a "frequent buyer" program for its products?
A. GeographyWhich of the following methods will help an organization mold its future and achieve its goals, despite unforeseeable external forces?
A. Matrix managementRank in order, from first to last, the following steps for planning quality assurance within an organization.
1. Define the company's purpose
2. Determine basic work activities
3. Develop job descriptions
4. Establish quality objectives
A. 1, 2, 3, 4Which of the following characteristics is expected in a leader but not a manager?
A. Making plans for the futureTwo employees separately submitted the same idea to a company's formal suggestion system on the same date. Under the rules of the system the employee who submits an idea is to receive a portion of the financial savings in the first year,
which for this idea will be a very substantial amount. However, each employee claims to have come up with the idea and insists that the other stole it and submitted it after a conversation they'd had about a processing problem in their
department. Neither wants to share the reward.
The company should:
A. Change the suggestion system to be available only to teams.Mystery shopping is a term that applies to:
A. Use of random sampling to collect audit information.A quality manager recommends spending $10,000 to eliminate product failures that are costing the company SI 5. 000 per year. What is expected the return on investment (ROI) for this proposal?
A. 67%Which of the following is an example of an operating expense?
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