Strategic Business Plan should be reviewed
Answer(s): C
Strategic Business Plan should be reviewed every 6 months to a year per text. It can be longer or shorter depending on the cycle of the business, but 6 months to a year is what is recommended
What are basic data that is needed to draw a Gnat Chart and Critical path network diagram?I) TaskII) DurationIII) CodeIV. Dependencies
All of the basic data is needed to draw a Gantt Chart and Critical path network diagram1. Task2. Duration3. Code4. Dependencies
Which of the following is a generic strategy to distinguish from competitors?I) Cost LeadershipII) Product differentiationIII) Focus responsive deliveryIV. Lowest Inventory
Answer(s): A
The following is a generic strategy to distinguish from competitors?1. Cost Leadership2. Product differentiation3. Focus responsive deliveryLowest Inventory would not be included because that would not distinguish between your competitors from your customer's point of view.
TQM methodology is for continuously improving a process in small increments. Re-engineering is for what?
TQM methodology is for continuously improving a process in small increments. Re-engineering questions whether we need the process to exist at all.
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