Operations Management Total Quality Management Essay Questions
Business Finance
Part 1
Individual essay questions. Provide in-depth responses to the questions. Proper citation of reference material is expected and required. Answer each essay question.
1. In your own words explain, operations management?
2. In your own words, what is Total Quality Management?
3. In your own words, explain three quality costs.
4. What is a bullwhip effect? What are the causes?
5. What is a strategic partnership? Give an example.
6. Explain the challenges of outsourcing
7. What is a balance sheet? How does it support business?
8. Identify a source of business financing.
9. Should a start-up organization invest in an IS immediately? Why or why not
10. What is database management?
Part 2
Learning objective:
- Describe the role of ethics in the business environment.
- Summarize the effect of economic conditions on business performance.
Prompt:
After watching the video and reviewing this week’s readings, reflect on the following and share your thoughts.
- Can a business be ethical?
- What are the goals of competitive intelligence?
- Is it ethical to gather competitive intelligence?
Instructions:
Your response must be in your own words. Your initial post should be 250 word minimum that reflects research and not opinion. Provide attribution for the source of your learning.
