What is one area of your life that you could improve using Six Sigma and/or Lean methodology? How would you approach it?
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What is one area of your life that you could improve using Six Sigma and/or Lean methodology? How would you approach it?
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- List the characteristics of a good Business Process. What are possible causes of a business process failures?DEWA compares its cyber security effectiveness with DXB Airport. DEWA has a CMMI cyber security effectiveness value of 3.1 while DXB Airport has a CMMI value of 3.4. This is an example of: Benchmarking Baselining Due care Due diligenceIf you are the CEO, which total quality principle would you follow ? choose one and state your reason
- Write down 10 times that you notice a situation that you think you can improve (may result in the development of either a product or service). For example, my kids are tracking lots of dirt into the house, so I’m spending too much time hauling around my vacuum cleaner. Potential products for this situation could be self-cleaning shoes, better doormats, improved vacuum system, auto cleaning flooring in front of door, etc.The Foschini Group (TFG) embraced the "local is lekker" drive. Based on the information provide in the case study, which cost element was the most probable factor in TFG addressing their inventory shortages due to the pandemic? Increased inventory carrying costs due to pandemic restrictions Increased transport costs Increased back orders Additional administrative costs KA Food Processing company has proposed you as a management consultant. The firm seeks to implement the balanced scorecard tool in an attempt to monitor performance.The management has no idea about the balanced scorecard model and has approached you for guidance regarding the approach to implement it and the challenge such a model presents.a) Describe the balanced scorecard. b) Explain the steps that a company can take in designing and implementing the balanced scorecard.
- Explain the BYOD movement with its negative/ positive impact on an enterprise in system analytics ?What high-level position manager is responsible for working with the CEO and company president to determine the company’s competitive strategy?What are at least 10 measurable factors which could be periodically measured ( e.g. monthly, quarterly, annually) and included in the balanced scorecard
- Given the trade-offs between efficiency and effectiveness, managers should strive for the highest Select one: a. efficiency given the effectiveness goals b. efficiency of the process c. effectiveness with customer goals d. customer satisfaction levels The braking system on a vehicle has two major components both of which must function in order that the breaks will work as intended. Assuming that the first component has a reliability of 96%, and the second a reliability of 99%. If the first brake component in the system is given a backup with reliability of 90%, then the overall reliability of the system will Select one: a. increase b. remain unchanged c. decrease d. none of the above O O O OInternal business process value chain would compose of the following procedure Post Sale Service, Innovation, Operation Innovation, Operation, Post Sale Service Operation, Innovation, Post Sale Service Operation, Post Sale Service, InnovationExplain briefly the six-sigma methodological approach to improve the quality ofbusiness processes.