100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
OMGT Final Exam || 100% CORRECT. $8.99   Add to cart

Exam (elaborations)

OMGT Final Exam || 100% CORRECT.

 8 views  0 purchase
  • Course
  • OMGT
  • Institution
  • OMGT

What is a mission statement? correct answers Statement that explains why an organization exists. Describes its core values and identifies the organization's domain. Know the deference between functional strategy and infrastructure strategy correct answers § Translates a business strategy into s...

[Show more]

Preview 1 out of 3  pages

  • August 7, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • OMGT
  • OMGT
avatar-seller
ProPerfomer
OMGT Final Exam || 100% CORRECT.
What is a mission statement? correct answers Statement that explains why an organization
exists. Describes its core values and identifies the organization's domain.

Know the deference between functional strategy and infrastructure strategy correct answers §
Translates a business strategy into specific actions for functional areas such as marketing,
human resources, and finance.
§ Includes the policies, people, decisions

Structural elements include what correct answers Includes tangible resources such as
buildings, equipment, and computer systems

What is conformance quality correct answers Whether a product was made, or a service
performed to specifications

What is the definition of business strategy correct answers Identifies a firm's targeted
customers and sets time frames and performance objective for the business

Math problem with efficacy correct answers Actual output / effective capacity

Acronym for 6 sigma process correct answers DMAIC
Define, measure, analyze, improve, control

Green belt have more training than who correct answers Champion, master black belt, black
belt

Definition of TQM correct answers Defines the boundaries of the process

What is the definition of conformance perspective? correct answers Focuses on whether or
not a product was made, or a service was performed as intended

What is the definition reliability? correct answers Whether a product will work for a long
time without failing or requiring maintenance

Know the core ideas of TQM correct answers

Math problem involving rated capacity correct answers The long-term expected output
capability of a resource or system.

Appropriate measures of capacity correct answers The capability of a worker, a machine, a
work center, a plant, or an organization to produce output in a time period

Advantage of lead capacity correct answers Capacity is added in anticipation of demand

Which capacity strategy is suited for all types of growth correct answers Lead capacity

Example of a variable cost correct answers raw materials and labor

A total cost math question correct answers Different college example

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ProPerfomer. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $8.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

83684 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$8.99
  • (0)
  Add to cart