As Indicated by the International Quality Study,"best Practices" That Are

question 57

Multiple Choice

As indicated by the International Quality Study,"best practices" that are universal (applicable to almost any firm) include all of the following EXCEPT:

• A)simplifying processes.
• B)performing process-value analysis.
• C)using world-class benchmarking.
• D)performing cycle-time analysis.

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Definitions:

All Levels

Referring to all hierarchical layers within an organization, from entry-level positions to top management.

Generative Mode

A state of operation characterized by creativity, innovation, and the capability to generate new ideas, products, or processes.

Strategy Making

The process of defining an organization’s direction, making decisions on allocating its resources to pursue this strategy, and ensuring alignment of actions with strategic goals.

Strategic Management

The process of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives and gain a competitive advantage.