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Q. Explain the concept of the quality of assurance system?
Quality assurance is a systematic and planned action to give adequate confidence which a product or item conforms to establish technical requirements for examples, training of staff to make sure high standards or suppliers guarantee high quality from systems and assurance standards as feed forward control. It is more aligned in the direction of a TQM philosophy, QA while contrasted to QC is regarding the concept of prevention, quite than diagnosis and cure.
Of all the advantages of franchising, which one would appeal to you as an entrepreneur? Which disadvantages would you dislike the most and why?
What happens to inventory as the number of kanban cards increases? Inventory decreases Inventory increases Inventory remains the same The number of kanban cards has no
At what rate of interest, compounded annually, will an investment triple itself in (a) 8 years ? (b) 10 years? (c) 12 years?
Customers have the sole responsibility for prioritizing their own needs, selecting a contractor to perform their project, and terminating a project that is not working.
Give examples of a pair of companies in an industry that pursue different types of business models? Explain the business models and how they differ. EXAMPLE. First come first serve
Q1. What is the biggest challenge posed by egoisn Q2. Distinguish between legal and employee rights Q3. How is strategy different from a business model? How is it similar?
How much should a company pay to keep a specially-skilled worker? Why? How would you determine the amount to pay to keep such a worker? Explain (again, use textbook concepts) Wh
what are the functions of operation management?
What do you understand by “line balancing”? What happens if balance doesn’t exist?
Is the 'focused factory' concept described by Skinner applicable in the service sector? Answer: Yes, think of Schmenner's service-process matrix and the lower quadrant entitled
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