Company Growth and Strategy Quiz

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Improving the quality of products delivered to the customer in terms of reduced defects in goods inwards inspection. Reducing the cost to the customer. Improving customer care, such as responding to customer complaints in a short time and following up other customer queries, often with an on-site call. MONITORING AND MEASURING Process-related measures. Generally these relate to internal company processes that ensure that customer needs are met. The company strategy may call for its processes to be one of the best in the industry sector in which the organization operates. Aspects of process improvement are: Reducing the time to market for new products. Quality improvements throughout the organization. Lower costs, again in all stages of the development and manufacturing process, including overhead costs associated with indirect such as marketing and management. Development of internal core competencies. Financial measures. The key goal of the financial strategy is to meet shareholder expectations. This can be translated into several measures, such as: Profit, measured in terms of return on investment Sales growth in terms of turnover Growth in market share Adequate cash flow to fund ongoing developments ______

THANK YOU

Improving the quality of products delivered to the customer in terms of reduced defects in goods inwards inspection. Reducing the cost to the customer. Improving customer care, such as responding to customer complaints in a short time and following up other customer queries, often with an on-site call. MONITORING AND MEASURING Process-related measures. Generally these relate to internal company processes that ensure that customer needs are met. The company strategy may call for its processes to be one of the best in the industry sector in which the organization operates. Aspects of process improvement are: Reducing the time to market for new products. Quality improvements throughout the organization. Lower costs, again in all stages of the development and manufacturing process, including overhead costs associated with indirect such as marketing and management. Development of internal core competencies. Financial measures. The key goal of the financial strategy is to meet shareholder expectations. This can be translated into several measures, such as: Profit, measured in terms of return on investment Sales growth in terms of turnover Growth in market share Adequate cash flow to fund ongoing developments. ______ Any questions?

THANK YOU

Improving the quality of products delivered to the customer in terms of reduced defects in goods inwards inspection. Reducing the cost to the customer. Improving customer care, such as responding to customer complaints in a short time and following up other customer queries, often with an on-site call. MONITORING AND MEASURING Process-related measures. Generally these relate to internal company processes that ensure that customer needs are met. The company strategy may call for its processes to be one of the best in the industry sector in which the organization operates. Aspects of process improvement are: Reducing the time to market for new products. Quality improvements throughout the organization. Lower costs, again in all stages of the development and manufacturing process, including overhead costs associated with indirect such as marketing and management. ______ of internal core competencies. Financial measures. The key goal of the financial strategy is to meet shareholder expectations. This can be translated into several measures, such as: Profit, measured in terms of return on investment Sales growth in terms of turnover Growth in market share Adequate cash flow to fund ongoing developments. THANK YOU Any questions?

Development

Improving the quality of products delivered to the customer in terms of reduced defects in goods inwards inspection. Reducing the cost to the customer. Improving customer care, such as responding to customer complaints in a short time and following up other customer queries, often with an on-site call. MONITORING AND MEASURING Process-related measures. Generally these relate to internal company processes that ensure that customer needs are met. The company strategy may call for its processes to be one of the best in the industry sector in which the organization operates. Aspects of process improvement are: Reducing the time to market for new products. ______ improvements throughout the organization. Lower costs, again in all stages of the development and manufacturing process, including overhead costs associated with indirect such as marketing and management. Development of internal core competencies. Financial measures. The key goal of the financial strategy is to meet shareholder expectations. This can be translated into several measures, such as: Profit, measured in terms of return on investment Sales growth in terms of turnover Growth in market share Adequate cash flow to fund ongoing developments. THANK YOU Any questions?

Quality Signup and view all the answers

Improving the quality of products delivered to the customer in terms of reduced defects in goods inwards inspection. Reducing the cost to the customer. Improving customer care, such as responding to customer complaints in a short time and following up other customer queries, often with an on-site call. MONITORING AND MEASURING Process-related measures. Generally these relate to internal company processes that ensure that customer needs are met. The company strategy may call for its processes to be one of the best in the industry sector in which the organization operates. Aspects of process improvement are: ______ the time to market for new products. Quality improvements throughout the organization. Lower costs, again in all stages of the development and manufacturing process, including overhead costs associated with indirect such as marketing and management. Development of internal core competencies. Financial measures. The key goal of the financial strategy is to meet shareholder expectations. This can be translated into several measures, such as: Profit, measured in terms of return on investment Sales growth in terms of turnover Growth in market share Adequate cash flow to fund ongoing developments. THANK YOU Any questions?

Reducing Signup and view all the answers

What is gap analysis and what does it deal with?

Gap analysis is the technique for identifying the difference between the aims of the corporation and the expected results if no action is taken. It deals with corporate aims, expected results, size of the gap, and methods of filling the gap. Signup and view all the answers

Why is decision making by groups considered effective?

Decision making by groups is often more effective than by individuals because it ensures that different points of view are developed, debated, analyzed, refined, and finally accepted by the group. Signup and view all the answers

What are some aspects of process improvement mentioned in the text?

Some aspects of process improvement include reducing the time to market for new products, quality improvements throughout the organization, and lower costs in all stages of development and manufacturing processes. Signup and view all the answers

What are some financial measures used to meet shareholder expectations?

Some financial measures include profit measured in terms of return on investment, sales growth in terms of turnover, growth in market share, and adequate cash flow to fund ongoing developments. Signup and view all the answers

Why is monitoring and measuring process-related measures important for organizations?

Monitoring and measuring process-related measures are crucial to ensure that customer needs are met and that the company's processes align with its strategic goals. Signup and view all the answers