Learn Smart 11 Flashcards
which of the following policies encourage the development of a workforce committed to quality?
- screening applicants for their attitudes about workplace excellence
- providing valuable employee training experiences
Statistical information is generally the most useful if it is provided
in real time
which of the following are important aspects of using benchmarking to identify best practices?
- adaptation of practices that have proves successful in other companies
- the enlistment of influential employees in making necessary changes
Employers can avoid heavy-handed scrutiny of employees by
closely monitoring day to day operating data
Which of the following are nearly always necessary when a company adopts a new strategic plan?
- adjustment of resources
- changes in budget allocatoins
in order to be successful, any quality program must be integrated with
a company’s overall business strategy
Emerging businesses can facilitate rapid growth by doing which of the following?
- putting efficient communication systems in place
- creating flexible infrastructures geared to handle expansion
which of the following groups isv best placed to make constructive use of best practice information derived from other companies?
frontline employees who are committed to change
which of the following are nonmonetary rewards used to boost employee performance?
- awards and acknowledgements
- a friendly work environment
- internal promotion
Incentive compensation systems are based on the idea that
all employees should be rewarded for high levels of performance
business statistical information are chiefly geared to tracking data concerning which of the following?
- customers
- employees,
- suppliers and strategic partners
A recommended tool in monitoring the performance of empowered employees in self managed work groups is
peer review
Which of the following are motivational practices that facilitate good strategy execution?
- inviting and acting on ideas and suggestions from employees
- promoting from within whenever possible
- sharing information with employees about financial performance and strategy
In order for a business incentive program to achieve the desired results
employees must understand how incentive pay is calculated.
Structured use of benchmarking, total quality management, and six sigma techniques
- a corporate culture of operating excellence
- a competitive advantage in the marketplace
which of the following factors of effective incentive compensation?
- prompt payment upon accomplishment of a goal
- fair and objective administration
- realistic performance goals
Why do some company leaders, such as google’s chair eric schmidt, avoid six stigma program implementation in their organizations?
six stigma principles can impede innovation in fields that rely on creative activities
Which of the following are likely outcomes if a new strategic business initiative has insufficient resources and too little funding?
–organizational units will not be able to efficiently execute their roles
-progress will be slowed
Eliminating differences in the operating practices of different factory locations accomplishes which of the following?
it helps to ensure and enforce consistency in how execution-critical activities are performed
A new strategic initiative has been announced at upton software, but it must be implemented without adding to company expenses. Jake, a manager, must do which of the following to ececute the plan?
- Jake should shift resources to higher priority activities
- Jake will need to study the existing budget and look for ways to trim costs
Which of the following is the most likely to lead to competitive advantage in the marketplace?
a long range plan dedicated to building an understanding of the importance of excellence on every level of business activity
which of the following are likely outcomes if a new strategic business initiative has too much funding an overabundance of resources?
- financial performance will be reduced and suffer
- organizational resources will be wasted
Successful business often seek to attract
ambitious employees who enjoy a challenge
Ambidextrous organization employ an alternative approach to six stigma implementation in that they
- continue to employ improvements in the efficiency of operating procedures
- provide flexibility in creative decisions such as R&D that rely on variability to achieve results