How are ethics relevant to efficient operation of a business

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Reference no: EM13851944

5 questions to be answer with a minimum of 300 words each of them

1. How are ethics relevant to the efficient operation of a business? Provide some examples of ethical lapses that have adversely affected specific businesses

2. Difference between supply chains and value chains.

3. Explain the most common framework of Six Sigma process improvement systems, and explain each of the components.

4. Businesses can focus on three broad categories of strategy: customer intimacy, operational excellence, and product leadership. What do each of these categories mean, and why would a business select one over the others?

5. The Theory of Constraints concentrates on the bottlenecks or points of delay in a process. Why does the very nature of the Theory of Constraints guarantee that there will always be an aspect of a process that needs attention?

Reference no: EM13851944

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