WorksheetsOperations Management - M3
Total questions: 40
Worksheet time: 20mins
Malcolm Baldrige National Quality Award is an award given annually to companies that demonstrate quality excellence and establish best-practice standards in industry.
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In the Malcolm Baldrige National Quality Award, Information and Analysis is a category that addresses the company’s system of collecting market and customer information.
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In the Malcolm Baldrige National Quality Award, Strategic Planning is a category that the company would be examined in attaining high quality goals and specific methods for implementation.
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In the Malcolm Baldrige National Quality Award, Leadership is a category that examiners investigate in terms of the commitment of the top management in establishing an organizational climate that is geared towards quality.
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Malcolm Baldrige National Quality Award was founded in 1997.
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ISO 9000 Standards is “A set of international quality standards and a certification demonstrating that companies have met all the standards specified.”
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ISO 9004:2000 provides guidelines for establishing a quality management system.
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In the Malcolm Baldrige National Quality Award, the management of human resources and management of processes are categories that address the issues of people and process.
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ISO 9001:2000 provides the terminology and definitions used in the standards.
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Deming prize is named after W. Edwards Deming.
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In 1989, Florida Power & Light was the first U.S. company to receive the Malcolm Baldrige National Quality Award.
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ISO 9000 Standards is a Japanese award given to companies that recognize efforts in quality improvement.
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Deming prize has been given by the Union of Japanese Scientists and Engineers (JUSE) since 1961.
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In order to raise further the bar of excellence in managing business internationally, ISO 9000 has introduced certain changes in December 2001.
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Competition for the Deming Prize was opened to foreign companies in 1984.
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This international governing body (ISO 9000 Standards) originated during the 1980s.
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It would be noted that The Baldrige criteria have evolved from simple award criteria to a general framework for quality evaluation.
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The Malcolm Baldrige National Quality Award (MBNQA) and the Deming Prize have proven the high quality performances of companies that won any of the two.
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Since the Deming prize was conceived, the corporations that have won the award are Motorola Corporation, Xerox, FedEx, 3M, IBM, and the Ritz-Carlton.
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Malcolm Baldrige was the name of the former Secretary of Commerce where the title of the Deming prize award originated.
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Six Sigma is widely used by manufacturing companies around the world.
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Leadership Commitment in top management not only initiates Six Sigma deployment, it also plays an active role in the whole deployment cycle.
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Customer Focus is a component that focuses the company’s resources.
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Pepsi adapted various marketing strategies to gain competitive advantage against Coke.
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Disciplined Framework intensively utilizes quality and statistical tools to transform a practical problem to a practical solution.
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TQM and Six Sigma share the same philosophy of how to assist organizations to accomplish Total Quality.
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In 1888, Pepsi-Cola drink was introduced to the market.
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T. Pyzdek stated that the primary difference between Six Sigma and TQM is management.
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The strategic decisions in Six Sigma came from the CEO’s in consonance with the needs and wants of the customers.
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Six Sigma concentrates on strategic goals and applies them to cost, schedule and other business criteria.
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Takt Time refers to the “maximum time per unit allowed to complete a process in order to meet customer demand.”
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Attaining a better life for the American consumers is certainly the main goal of Sam Walton.
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"We save people money so they can live better." Is the motto of General Electric.
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Wal-Mart has strongly promoted respect for the person, service to customers and the pursuit of excellence.
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Wal-Mart utilized the Six Sigma principles to survive the financial crisis.
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Wal-Mart has strongly promoted respect for the person, service to customers and the pursuit of excellence.
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The 10-Foot Rule is another innovative policy that Wal-Mart has implemented to effectively serve its customers.
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Walton has emphasized that everyone in the company has to cooperate in order to aid the consumers in decreasing the cost of their living in the country.
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The lean strategies were employed from 1983 up to the present, which have brought financial gains for Wal-Mart.
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Lean management is defined as a system that is based on identified customer requirements which identifies and eliminates waste to deliver improved value and service.
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