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Module 3 focuses on the first principle of Lean, Value. Waste consumes between 20 and 40 percent of revenues in most businesses.
Please read the following article, "The 8 Wastes of Lean (Links to an external site.)" which gives additional perspectives on the eight forms of waste in manufacturing and office environments.
Respond to the following points:
Depending on whether you are in a manufacturing or non-manufacturing environment, some forms of waste may be more prevalent than others. What is your industry and which of these eight forms of waste do you think occur most frequently in your organization? Please describe examples of the most commonly occurring forms of waste.
Do you think that your organization is aware of the waste that you have identified? If so, why do you think that it hasn't been corrected?
How could you, in your role as Lean Sensei, lead the effort to reduce waste in your organization?
Chapters 6-10 deal with managing the non-profit organization. How the application of the topic reflects God's purpose or design.
proprietorshipif you are advising a new client to open a new business would you advise him to form a corporation or a
How important is information for consumer decisions (e.g, nutrition labels, CSR ratings, labels showing where a product was made, etc.)?
What types of goals are suitable for diversity training? How might a complete performance management system differ from our annual performance appraisals?
What are the major differences between preferred stock and bonds?
In recent years, we have observed an increase in foreign investment throughout the world. What effect are international ventures, such as the acquisition of Massmart, having on HRM?
Read the attached case The Future of Same-Day Delivery: Same as the Past? (by Sunil Chopra) and answer the following questions.
organizational culture across geographical lineshow does organizational culture impact individual values motivation
Why is it so hard for people to change their assumptions? Discuss specific reasons why leaders need to be aware of their mental models.
As a team member, what can an individual do to demonstrate flexibility and adaptability when dealing with others
A regional utility organization needs to change consumers' perceptions of its current service as being harmful to the environment. Which of the subsequent strategies would best allow the organization to accomplish this goal?
Why is there a social cost to monopoly power? If the gains to producers from monopoly power could be redistributed to consumers, would the social cost of monopoly power be eliminated? Explain briefly.
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