X considers the ratio: number of complaints per day/number of employees needed to handle those complaints, as a productivity measure that is best when it is large. What explains the company’s point of view? To a systems thinker, there is something wrong with this point of view. What is amiss
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Company X considers the ratio: number of complaints per day/number of employees needed
to handle those complaints, as a productivity measure that is best when it is large.
What explains the company’s point of view?
To a systems thinker, there is something wrong with this point of view. What is amiss?
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- It is useful to think of the internal business process perspective of the Balanced Scorecard withinthe four grouping that include all of the following except:a. Operating processesb. Customer satisfaction processesc. Innovation processesd. Regulatory and social processesNBC is a famous and old steel products manufacturing company. For the last several years, there has been a series of complaints from customers regarding the quality and features of the product; the attitude of the employees of NBC; and the availability of the product. But no one cares about the complaints. If asked, some employees try to say that it is a common nature of the customers and other employees blame each other and other departments for the situation. Revenue of the company has been turning from upward to stiff. With all these, the management is perplexed and looking for a direction to move. How do you assess the situation of the company? Explain the key factors which should be addressed for the improvement of the company. Make a list of the quality indicators which indicate the satisfaction level of the customer; satisfaction level of the employee; and growth of the organization.Interview managers at a local organisation to determine the company's main business metrics (financial, competition, provider, employee, operation, intelligence, creativity, and so on). What quality metrics does the business track? What success cause-and-effect (interlinking) interactions will be of concern to the organisation?
- Provie a tool of Management Science similar to line balancing tool and provode the advantages and disadvantages of using that tool.25) The operations manager suggests a hike in the prices to improve productivity. However, the marketing manager rules this option out. What could be the possible reason for this? A) The industry is characterized by intense competition. B) Product prices are not related to organizational productivity. C) Selling price is negatively correlated to organizational productivity. D) Such an action would lead to reduced employee satisfaction.Which management function is involves comparing actual results with the pre determined standards?
- Match the followinng three types of business processes to their appropriate description: 1. Supporting: A) Focuses on external processes B) Focused on proppping up the planning and doing parts of the business C) focused on core proccesses that make the business scalable and efficient D) Focused on planning and projecting future company operations E) Focused on balancing core competencies of multiple departments 2. Management A) Focuses on external processes B) Focused on proppping up the planning and doing parts of the business C) focused on core proccesses that make the business scalable and efficient D) Focused on planning and projecting future company operations E) Focused on balancing core competencies of multiple departments Operational A) Focuses on external processes B) Focused on proppping up the planning and doing parts of the business C) focused on core proccesses that make the business scalable and efficient D) Focused on planning and projecting future company operations E)…PLEASE ANSWER ALL TRUE OR FALSE 16. Employee satisfaction is a measure of the internal business perspective of the Balanced Scorecard.17. Success in the customer perspective of the Balances Scorecard should lead to improvement in the financial perspective.18. Key performance indicator scorecards that don’t reflect a company’s strategy can be just aseffective as the Balanced Scorecard.Imagine a company producing Non-Biodegradable plastic which is polluting the local environment. 1. Discuss the principle of Life-Cycle analysis (in a flow chart) and how this company must apply it?
- How do you describe the BYOD trend and how it affects a business in terms of system analytics?What is the main perspective of a balanced scorecard that drives the other perspectives? a) Financial O b) Customer c) Internal business O d) InnovationA. What is the average invention turnover for the firm? B if you were given the assignment to increase inventory turnover, what would you focus on? Reduce inventory or sale or both Increase inventory or sale or both Reduce inventory or sale or both C. The company reported that it used $500m worth of raw material during the yeR. On average, how many weeks of supply of raw material are on hand at the factory?