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The effectiveness and efficiency of any Supply Chain Network is hinged on a strong product and service quality management system; Define the term ‘Total Quality Management’ and explain its salient principles and how this management tool is employed as a driver of global operations. Define the models/acronyms and explain the importance of quality circles, benchmarking, EFQM Business Excellence model and awards such as the MBNQA, EQA and Deming prize in quality Management. [10 Marks] From the Japanese quality philosophies point of view, what is Lean Production/Manufacturing, as employed in global operations, through Five (5) principles that try to eliminate the Eight (8) wastes from the value stream? State and explain these Five (5) principles and the Eight (8) wastes in the value chain, in accordance with ‘Lean Thinking Philosophy’ as you discuss.
An organization’s responsibilities for ensuring ethical behavior include. The best way to generate customer loyalty is to provide customers with
What environmental factors and risks must be considered in the company's decision-making process?
To what extent does your organization utilize the seven segments to scan the external environment?
Which external environments will have the most impact on the success of your business? Explain in detail how you will deal with each of those environments.
What is the competitive advantage of Luck Companies? You have been asked to evaluate the attractiveness of several potential market segments.
When marketing a brand extension, why doesn’t “me too” positioning work as an effective positioning strategy?
Provide your own example for the concept Sponsorship listed below, based on your understanding of the concept and your experience as a consumer/marketer.
The technically Techno company has several patents for a variety of different Flash memory devices that are used in computers, cell phones, and a variety of other things. The estimated legal cost of this would only be $10,000. If Technically Techno w..
How much finance charge will he get credit for if he pays the loan in full immediately?
Can Debbie object successfully to the assignment from FCB to UTB? Why or why not?
What is meant by the service economy. Search the Internet for the latest statistics on service economies worldwide and comment on what you find.
Conventional supermarkets still sell a majority of food merchandise, but they are under substantial competitive pressures. Who are the emerging competitors and what can they offer customers that conventional supermarkets do not?
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