CHAPTER 7 PART 4 Flashcards
A system that calls for subassemblies and
components to be manufactured in very small lots and delivered to the next stage of the production process just as they are needed
Just-in-Time (JIT)
The process of grouping activities into departments.
Departmentalization
Group jobs based on similarity in
functions (Separate units responsible for particular business functions)
EXAMPLE: Marketing, Management, Finance, Accounting, Human Resources, Information Technology
Functional Structures (Departmentalization)
Departments represent the unique products,
services, customers, or geographic locations the company is serving
EXAMPLE: Each unique product or service the company is producing will have its own department
Divisional Structures (Departmentalization)
Set of management techniques intended to improve business processes by greatly reducing the probability that an error or defect will occur.
Six Sigma
A company is trying to systematically improve processes by eliminating nonconformity of their products to product specifications. The company believes their continuous effort to reduce variation in their process outputs is key to their business success. Which quality process is the company utilizing?
Six Sigma
Uses statistical tools to analyze the causes of product defects.
The introduction of statistical tools to analyze the causes of product defects is associated with which quality improvement approach?
Six Sigma
Happy Inc. is a leading provider of family entertainment and BCD is a broadcasting company with news, cable, and entertainment networks. Happy Inc. recently acquired BCD in hopes of boosting its primary business of family entertainment.
Which type of corporate strategy is represented by Happy Inc.’s purchase of their distribution network?
Strategic alliances
A company offers unique products in its industry to create a competitive advantage.
Which type of strategy is the company using?
Differentiation
Interdependent units are required to meet deadlines and objectives that contribute to a common goal.
Coordination by plan
Units interact with one another to make accommodations to achieve flexible coordination.
Coordination by mutual adjustment
Which formal structure allows job holders to have broad responsibilities, accommodates decentralized and informal decision making, and values expertise?
Organic
