Management Flashcards

1
Q

critical customer

A

critical to firms success and receives focus
order winner
order qualifier

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2
Q

value proposition

A

tangibles that customers receives from a firm

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3
Q

capabilties

A

what a frim does well

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4
Q

order winner

A

flexibility, customization

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5
Q

order qaulifier

A

affordable price, high level of quality and reasonable delivery estimate

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6
Q

innovation

A

gain competitive adv
New process design and development
new product d and d
innovation happens at maturity usually

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7
Q

how innovation happens

A

Customers share needs and desires
Marketing communicates customer needs and info on competitive priorities into the organ
Finance evaluates potential opp.
Engineering turns customer needs into product
Operations across SC determine how to best source, produce and deliver based on operational capabilities

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8
Q

types of innovators

A

fast- get to market quickly, react quickly to competitors actions, more continuous stream of product intros
High quality- fewer issues and failures, effectively satisfy customers for higher brand loyalty
Efficient- fund more new design and development projects, sell at lower prices or have lower break even quantitiies

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9
Q

Quality Function Deployment (house of quality)

A

planning process, used to guide design of product and services, made at Mitsubishi

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10
Q

Steps in QFD

A
  1. ID customer requirements
  2. ID technical requirements
  3. relate requirements to tech requirements
  4. conduct an evaluation of competition
  5. evaluate tech requirements and set targets
  6. prioritize which tech requirements to deploy
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11
Q

Process Mapping

A
  1. ID the flow unit-what moving through process
  2. determine desired process outcomes and metrics
  3. ID and bound the critical process
  4. Document the existing process
  5. Analyze process and priorities improvements
  6. recommend changes
  7. implement changes and monitor process
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12
Q

Critical Process

A
  1. a bottleneck
  2. visible to customer
  3. consumes largest amount of resources
  4. a shared process
  5. highest level of variance
  6. a unique skill or core competency
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13
Q

product quality

A

fitness for consumption in meeting customers needs

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14
Q

Design qaulity

A

match between designed features and v requirements

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15
Q

conformance quality

A

meeting design specifiactions

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16
Q

quality management

A

organization wide quality focus

17
Q

Dimensions of Quality for g+s

A
  1. perceived qaul- what customer thinks
  2. performance-do what it’s meant to
  3. reliability-consistency
  4. aesthetics- looks, design is pleasing to eye
  5. support- can it be maintained,repaired
  6. durability- how long it lasts
  7. features-they are what is needed
  8. conformance
18
Q

Cost of quality

A

prevention costs- cost asso. w/ preventing defects

Appraisal costs-…w/ inspection to assess quality levels

Internal failure costs-…from defects found before delivery to customer

External FC-…with defects found after delivered to customer

19
Q

6 Sigma

A

per million