ACTION ANALYSIS Section 6 Business Integration Pre test 25 1The ability to

Action analysis section 6 business integration pre

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The focus of Lean is a bias for _____ while the focus of Six Sigma is a bias for _____. ACTION; ANALYSIS Section 6: Business Integration – Pre-test: 25% 1. The ability to manufacture a small number of units without increasing costs is a feature of _____. FLEXIBLE MANUFACTURING SYSTEMS 2. Return on investment in the realm of quality denotes the ratio of _____ to _____ resulting from the improvement initiatives. BENEFITS; COSTS 3. Michael Porter’s value chain concept categorizes organizational processes into _____ and _____ activities. PRIMARY; SUPPORT
4. _____ is an excellent approach to reduce inventory. REDUCING WAREHOUSE SPACE/INCREASING AD SPEND/MODULAR DESIGN/REDUCING THE PROCUREMENT BUDGET 5. Inbound logistics is sometimes synonymously used with _____. SUPPLY CHAIN MANAGEMENT 6. Operations refers to the transformation process of converting _____ into _____. INPUTS; OUTPUTS 7. In terms of value chain integration, leadership provides the mission, vision, _____, and _____. STRATEGIES; OBJECTIVES 8. In terms of the value chain concept, the ultimate differentiator is _____. SERVICE 9. Firms following a differentiation strategy needs to focus on _____. INNOVATION AND MARKETING

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