Reference no: EM132189109
1. What are the two MOST critical considerations when completing SWOT analysis?
A. understanding the key deficiencies and implemting corrections immediately
B. knowledge of which critical strategic priorities should be benchmarked and the subswquent decisions arising from each
C. increased awareness of a companys competivitive position and the potential profitability resulting from the analysis
D. synthesizing and summerizng conclusions from the analysis and then initiating strategic actions
2. Regarding control charts, changing from two-sigma limits to three-sigma limits:
A. increases the probability of searching for a cause when none exists.
B. decreases the probability that defects will be generated by the process.
C. increases the probability of concluding nothing has changed, when in fact it has.
D. decreases the probability that the process average will change.
3. Historically, the average proportion of defective bars has been 0.015. Samples will be of 100 bars each. Construct a pminus chart using z = 3. What is the value of UCL?
A. Greater than 0.070
B. Greater than 0.050 but less than or equal to 0.060
C. Greater than 0.060 but less than or equal to 0.070
D. Less than or equal to 0.050