Explain comparison of processes with a direct adversary, Operation Management

Assignment Help:

1. A simulation model goes one step further than possible with analysis tools, because it can show how the process performs ____________ over time.

2. A(n) ____________ is a method where a group of people, knowledgeable about the process and its disconnects, propose ideas for change in a rapid-fire manner.

3. ____________ is a continuous, systematic procedure that measures a firm%u2019s products, services, and processes against those of industry leaders.

4. Once the benchmarking team has collected the data, the ____________ phase of the benchmarking study can begin.

5. The bursar%u2019s office at your university decides to benchmark the collections department of a credit agency to improve their own collection rate. This is an example of ____________ .

6. ____________ is based on comparison of processes with a direct adversary in industry.

7. ____________ involves using an organizational unit with superior performance as the ideal for other departments.

8. The American company that has changed the way the business world looks at benchmarking and knowledge sharing is ____________.


Related Discussions:- Explain comparison of processes with a direct adversary

Work study, What are all the steps involved in work study?

What are all the steps involved in work study?

Describe testing for honesty, "Testing for Honesty" Please respond to the f...

"Testing for Honesty" Please respond to the following: From the case study, determine what ideals, obligations, and effects must be considered in using psychological tests as pre-e

What is the goal of swot analysis, The goal of SWOT analysis is to ________...

The goal of SWOT analysis is to ________ the organization's opportunities and strengths while ________ its threats and ________ its weaknesses. (a) avoid; neutralizing; correcti

Line management, what do you mean by "line balancing''? what happens if bal...

what do you mean by "line balancing''? what happens if balance doesn''t exist?

Performance dimensions common in service than manufacturing, 1. Name some p...

1. Name some performance dimensions more common in service than manufacturing operations.  Answer: These are the dimensions listed. Services tend to be more intangible and tailo

Explain what quinn refers to as the managerial classic trap, 1. Explain wha...

1. Explain what Quinn refers to as the managerial 'classic trap' in strategy formulation.  Answer: Quinn (1988) criticises those who see strategy formulation and implementation

Difference between classical and neo-classicaal theory, Explain d ifferenc...

Explain d ifference between Classical Theory and Neo-Classical Theory of Organisation. Difference between Classical Theory and Neo-Classical Theory of Organisation : The c

Explain worldwide industry environment, Organizations are structured to tak...

Organizations are structured to take advantage of their inherent strengths and also to minimize their inherent weaknesses. For example, an organization may outsource its purchasing

Compute the holding period return for an investor, The prices for company A...

The prices for company A for the first quarter of 2007 are given below. The price of the stock on January 1, 2007 was $120. Find the holding period return for an investor who purch

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd