A) utilize advanced statistical methods to improve quality by reducing defects and variability in the performance of business processes. B) consist of a disciplined, statistics-based system aimed at producing not more than 2.5 defects per million iterations for a manufacturing or assembly process. C) are based on three principles: (1) all work is a statistically controllable process; (2) no well-controlled process allows variability; and (3) defect-free work requires tight statistical controls. D) suggest that all activities can be controlled, employee empowerment is the best control tool, and 100 percent control is possible. E) radically redesign and streamline how an activity is performed. A) utilize advanced statistical methods to improve quality by reducing defects and variability in the performance of business processes. B) consist of a disciplined, statistics-based system aimed at producing not more than 2.5 defects per million iterations for a manufacturing or assembly process. C) are based on three principles: (1) all work is a statistically controllable process; (2) no well-controlled process allows variability; and (3) defect-free work requires tight statistical controls. D) suggest that all activities can be controlled, employee empowerment is the best control tool, and 100 percent control is possible. E) radically redesign and streamline how an activity is performed.

Exam 11: Managing Internal Operations: Actions That Promote Good Strategy Execution

The big difference between business process reengineering and continuous improvement programs like TQM or Six Sigma is that

(Multiple Choice)

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Question 21

Enlisting employees' sustained and energetic commitment to good strategy execution and achievement of the strategic priorities and financial objectives is best done by

(Multiple Choice)

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Question 22

What three principles underlie the statistical thinking of Six Sigma quality control programs?

(Essay)

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Question 23

There is evidence that Six Sigma can

(Multiple Choice)

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Question 24

The use of incentives and rewards is the single most powerful tool at management's disposal to win strong employee commitment to carrying out the strategic plan. True or false? Explain.

(True/False)

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Question 25

The strategic role of a company's reward system is to

(Multiple Choice)

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Question 26

Why does a company's budget need to be closely linked to the needs of good strategy execution? Provide at least two examples of companies that have used strategic priorities to drive how capital allocations are made.

(Essay)

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Question 27

Discuss the importance of and provide at least three examples of the strategic benefits of real-time information systems.

(Essay)

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Question 28

An ambidextrous organization is one that

(Multiple Choice)

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Question 29

Which of the following is NOT a sound guideline for designing a reward and incentive system that helps promote good strategy execution?

(Multiple Choice)

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Question 30

Which of the following does NOT facilitate strategy execution?

(Multiple Choice)

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Question 31

In prescribing policies and procedures that facilitate independent action on the part of empowered employees for good strategy execution companies need to do ALL of the following EXCEPT

(Multiple Choice)

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Question 32

The first principle in designing an effective compensation system and the most dependable way to keep people focused on strategy execution and the achievement of performance targets is to

(Multiple Choice)

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Question 33

Six Sigma programs

(Multiple Choice)

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Question 34

Which of the following is NOT a tool or method that managers can use to promote operating excellence and further the cause of good strategy execution?

(Multiple Choice)

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Question 35

Identify five guidelines for creating an incentive compensation system that will help drive successful strategy execution.

(Essay)

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Question 36

A company wants to plan a state-of-the-art information and operating system to enable better strategy execution. Which of the following is the most likely reason for the company's move?

(Multiple Choice)

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Question 37

A company that successfully and methodically applies Six Sigma methods to its value chain, activity by activity, can

(Multiple Choice)

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Question 38

Total quality management (TQM) emphasizes all of the following EXCEPT which?

(Multiple Choice)

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Question 39

Why does a company's budget need to be closely linked to the needs of good strategy execution? Why might a change in strategy call for budget reallocations?

(Essay)

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Question 40

Showing 21 - 40 of 115

The big difference between business process reengineering and continuous improvement programs like TQM or Six Sigma is that

Enlisting employees' sustained and energetic commitment to good strategy execution and achievement of the strategic priorities and financial objectives is best done by

What three principles underlie the statistical thinking of Six Sigma quality control programs?

There is evidence that Six Sigma can

The use of incentives and rewards is the single most powerful tool at management's disposal to win strong employee commitment to carrying out the strategic plan. True or false? Explain.

The strategic role of a company's reward system is to

Why does a company's budget need to be closely linked to the needs of good strategy execution? Provide at least two examples of companies that have used strategic priorities to drive how capital allocations are made.

Discuss the importance of and provide at least three examples of the strategic benefits of real-time information systems.

An ambidextrous organization is one that

Which of the following is NOT a sound guideline for designing a reward and incentive system that helps promote good strategy execution?

Which of the following does NOT facilitate strategy execution?

In prescribing policies and procedures that facilitate independent action on the part of empowered employees for good strategy execution companies need to do ALL of the following EXCEPT

The first principle in designing an effective compensation system and the most dependable way to keep people focused on strategy execution and the achievement of performance targets is to

Six Sigma programs

Which of the following is NOT a tool or method that managers can use to promote operating excellence and further the cause of good strategy execution?

Identify five guidelines for creating an incentive compensation system that will help drive successful strategy execution.

A company wants to plan a state-of-the-art information and operating system to enable better strategy execution. Which of the following is the most likely reason for the company's move?

A company that successfully and methodically applies Six Sigma methods to its value chain, activity by activity, can

Total quality management (TQM) emphasizes all of the following EXCEPT which?

Why does a company's budget need to be closely linked to the needs of good strategy execution? Why might a change in strategy call for budget reallocations?

What Is Strategy and Why Is It Important

Leading the Process of Crafting and Executing Strategy

Evaluating a Companys External Environment

Evaluating a Companys Resources and Competitive Position

The Five Generic Competitive Strategies: Which One to Employ

Supplementing the Chosen Competitive Strategy: Other Important Business Strategy Choices

Strategies for Competing in Foreign Markets

Diversification: Strategies for Managing a Group of Businesses

Ethical Business Strategies, Social Responsibility, and Environmental Sustainabil ITY

Building an Organization Capable of Good Strategy Execution

Corporate Culture and Leadership: Keys to Good Strategy Execution

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