Quality management and strategic management

Assignment Help Operation Management
Reference no: EM133064865

1. Strategic Management Discussion

1. What questions do you have about the overarching Unit 5 assignment?

Although it is not due until the end of the class, it is important that you begin planning for this project early in the course. What are your initial thoughts about how you will approach this assignment? Explain.

2. What are the most important elements of a Business Plan? Why?

3. What other elements should be added to the Business Plan to encourage potential investors?

4. How important is accurate financial data to the Business Plan? Why?

2. Quality Management Discussion

1. What questions do you have about the overarching Unit 5 assignment? Although it is not due until the end of the class, it is important that you begin planning for this project early in the course. What are your initial thoughts about how you will approach this assignment? Explain.

2. What is benchmarking and how can it be used to support continuous improvement efforts and an organization's ability to achieve optimum performance?

3. What is the PDSA cycle and how is it used to support continuous improvement?

4. Given scarce resources and competing demands, how do businesses prioritize areas for improvement?

Reference no: EM133064865

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