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1. Based on functional departments in the CAPSIM simulation (R&D, Marketing, Production, and Finance). Instructions – Identify and discuss the primary functions and key performance measures in each functional department. Using the “systems theory” discuss the interrelationships between the departments and how decisions in one functional area affect the other functions. Identify differences in the organizational culture between the functional areas and how the cultures shape the decision making process.
Describe the purpose of the Define phase of a Lean Six Sigma project (in your own words).
Does the government have a responsibility to deal with economic inequality?
This servo system has a constant failure rate of 0.0436 failures per week of operation. What is the Mean Time to Failure of the servo system?
This week we've studied about organizational structure and change.
Each coffee table produced by Timothy Kent Designers nets the firm a profit of $9. Each bookcase yields a $12 profit. Kent’s firm is small and its resources limited. During any given production period (of 1 week), 10 gallons of varnish and 12 lengths..
What are some of the specifics of this perceived contract that you will be expected to live up to?
Describe the idea of "balanced scorecard" in modern health care delivery. What makes a successful balanced scorecard for a health care organization today?
Provide a specific example of how knowledge effectively leveraged can bring value to a project.
Determine the percentage of idle time that would result if two stations were used and each station was loaded with the worktime shown in Part b(1).
How should you go about preparing yourself for an international project?
What is expected value? How do consumers factor expected value into their decision making? Why do consumers make risky decisions? What can marketers do to encourage risk taking in consumers?
Examine your current organization's process of strategic management. How effective is this process relative to the organization's performance? What factors contribute to its effectiveness or ineffectiveness?
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