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LABMAN Planning and Strategic Management

Total questions: 10

Worksheet time: 4mins

Name
Class
Date
1.

Strategic planning is usually based on short-term projections and a global view that can have an impact on all levels of a laboratory’s operations.

a)

TRUE

b)

FALSE

2.

(a)   is a method by which managers conceive of and implement a strategy that can lead to a sustainable competitive advantage

3.

is a methodology concerned with reducing variation and detecting defects, and also with preventing defects.

a)

Lean Six Sigma

b)

DMAIC

c)

SWOT Analysis

4.

Paying attention to customer requirements is one of the central tenets of Lean Six Sigma

a)

TRUE

b)

FALSE

5.

What does the Japanese term "seiri" means?

a)

Arrange necessary items in good order

b)

Sort out & discard unnecessary items

c)

Clean the workplace

d)

Improve & standardize

6.

Which of the following approach help an organization in developing a full awareness of all the factors involved in making decision by identifying its strengths, weakness, opportunities & threats.

a)

DMAIC

b)

7 wastes

c)

SWOT Analysis

d)

5 S's

7.

Moving material or product doesn’t actually add value, but the customer pays for it.

a)

TRUE

b)

FALSE

8.

Raw material or an unfinished piece is not an inventory

a)

TRUE

b)

FALSE

9.

_________________ can be defined as deciding on the objectives of the organization and the need to modify existing objectives if appropriate

a)

Planning

b)

Strategic Planning

c)

Strategic Management

d)

Lean Six Sigma

10.

If a defect is caught late in the production cycle - at worst, by a customer - it can result in returns and refunds.

a)

TRUE

b)

FALSE