Malcolm Baldrige national quality award is for (MBNQA) A. Total Quality Management B. International Standard Organization C. Total Productive Maintenance D. Total Quality Control

Malcolm Baldrige national quality award is for (MBNQA)
A. Total Quality Management
B. International Standard Organization
C. Total Productive Maintenance
D. Total Quality Control
by

1 Answer

Answer :

A. Total Quality Management
by

Related questions

Configuration management is best described as: a. control in the implementation of changes to project schedules. b. an organization to review proposed changes to the project deliverables. c. quality control of project deliverables and documentation. d. creation, maintenance and controlled change of the project deliverables.

Description : Configuration management is best described as: a. control in the implementation of changes to project schedules. b. an organization to review proposed changes to the project deliverables ... and documentation. d. creation, maintenance and controlled change of the project deliverables.

Last Answer : d. creation, maintenance and controlled change of the project deliverables.

Which of the following are tools of management accounting? (i) Decision accounting (ii) Standard costing (iii) Budgetary control (iv) Human Resources Accounting A. (i), (ii) and (iii) B. (i), (iii) and (iv) C. (i),(ii) and (iii) D. (i), (ii), (iii), (iv)

Description : Which of the following are tools of management accounting? (i) Decision accounting (ii) Standard costing (iii) Budgetary control (iv) Human Resources Accounting A. (i), (ii) and (iii) B. (i), (iii) and (iv) C. (i),(ii) and (iii) D. (i), (ii), (iii), (iv)

Last Answer : C. (i),(ii) and (iii)

Total Quality Management (TQM) focuses on A. Employee B. Customer C. Both (a) and (b) D. None of the above

Description : Total Quality Management (TQM) focuses on A. Employee B. Customer C. Both (a) and (b) D. None of the above

Last Answer : C. Both (a) and (b)

With regard to the WTO, subsidies are covered in two separate international economic law agreements. Which are they? A. The GATT and the Agreement on Subsidies and Countervailing Measures B. The Reform Treaty and the Treaty of Rome C. The North American Free Trade Agreement and the Organization of American States Charter D. The International Monetary Fund’s Articles of Agreement and the European Central Bank’s Statute.

Description : With regard to the WTO, subsidies are covered in two separate international economic law agreements. Which are they? A. The GATT and the Agreement on Subsidies and Countervailing Measures B. ... D. The International Monetary Fund's Articles of Agreement and the European Central Bank's Statute.

Last Answer : A. The GATT and the Agreement on Subsidies and Countervailing Measures

The most formal definition of marketing is ________. A. Meeting needs profitably B. Identifying and meeting human and social needs C. The four Ps (product, price, place, promotion) D. An organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders. E. Improving the quality of life for consumers

Description : The most formal definition of marketing is ________. A. Meeting needs profitably B. Identifying and meeting human and social needs C. The four Ps (product, price, place, promotion) D. ... ways that benefit the organization and its stakeholders. E. Improving the quality of life for consumers

Last Answer : D. An organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders.

What Are The Key Objectives Of Total Productive Maintenance (tpm)?

Description : What Are The Key Objectives Of Total Productive Maintenance (tpm)?

Last Answer : Some of the key objectives of TPM are:  Focus and improve people management to minimize the targeted losses.  Develop the policy, strategy and early management activities to ... safety practices and also prevent adverse environmental effects.  Reduce the wastage of organizational resources.

What Is Total Productive Maintenance?

Description : What Is Total Productive Maintenance?

Last Answer : Total Productive Maintenance (TPM) is developed from the preventive maintenance methodology introduced from the USA and further developed and implemented in many Japanese companies since 1971. It is ... using the principles of teamwork, empowerment, zero breakdowns' and zero defects'.

The organization will never be able to make the necessary changes without A. Top management commitment B. Employees C. Workers D. None of the mentioned

Description : The organization will never be able to make the necessary changes without A. Top management commitment B. Employees C. Workers D. None of the mentioned

Last Answer : A. Top management commitment

NGOs stands for: A. Non-Governmental Organization B. Nine-Governmental Organization C. Non-Gained Organizations D. National-Grade Organization

Description : NGOs stands for: A. Non-Governmental Organization B. Nine-Governmental Organization C. Non-Gained Organizations D. National-Grade Organization

Last Answer : A. Non-Governmental Organization

NGOs stands for: A. Non-Governmental Organization B. Nine-Governmental Organization C. Non-Gained Organizations D. National-Grade Organization

Description : NGOs stands for: A. Non-Governmental Organization B. Nine-Governmental Organization C. Non-Gained Organizations D. National-Grade Organization

Last Answer : A. Non-Governmental Organization

The formula used for calculation of labour rate variance is A. Total standard labour cost of actual output - Total actual cost of actual output B. (Standard rate per hour - Actual rate per hour) * Actual Hours C. (Standard time - Actual time) * Standard rate per hour D. Abnormal idle hours * Standard hourly rate

Description : The formula used for calculation of labour rate variance is A. Total standard labour cost of actual output - Total actual cost of actual output B. (Standard rate per hour - Actual rate per hour) ... time - Actual time) * Standard rate per hour D. Abnormal idle hours * Standard hourly rate

Last Answer : B. (Standard rate per hour - Actual rate per hour) * Actual Hours

The sub-variance of material usage variance, known as Material mix variance is measured as A. Total standard cost - Total actual cost B. Standard cost of revised standard mix - Standard cost of actual mix C. (Standard unit price - Actual unit price) * Actual quantity used D. (Standard quantity - Actual quantity) * Unit standard price

Description : The sub-variance of material usage variance, known as Material mix variance is measured as A. Total standard cost - Total actual cost B. Standard cost of revised standard mix - Standard cost of ... unit price) * Actual quantity used D. (Standard quantity - Actual quantity) * Unit standard price

Last Answer : B. Standard cost of revised standard mix - Standard cost of actual mix

Intermediaries sponsor their own brands because ________. A. private-label brands sell at higher volumes B. private-label brands are recognizable to the consumer as being widely available from many different retailers C. private-label brands are always of better quality than national brands D. private-label brands can be sold at lower prices yet generate a higher profit margin because of their lower cost structure

Description : Intermediaries sponsor their own brands because ________. A. private-label brands sell at higher volumes B. private-label brands are recognizable to the consumer as being widely available from many ... sold at lower prices yet generate a higher profit margin because of their lower cost structure

Last Answer : D. private-label brands can be sold at lower prices yet generate a higher profit margin because of their lower cost structure

Configuration management is best described as: a. control in the implementation of changes to project schedules. b. an organisation to review proposed changes to the project deliverables. c. quality control of project deliverables and documentation. d. creation, maintenance and controlled change of the project deliverables.

Description : Configuration management is best described as:  a. control in the implementation of changes to project schedules.  b. an organisation to review proposed changes to the project deliverables ... and documentation.  d. creation, maintenance and controlled change of the project deliverables.

Last Answer : d. creation, maintenance and controlled change of the project deliverables.

The ____________________ and ____________________ manage the supplier relations, monitor the vendor activities and manage the supplier quality in an organisation. A. Supplier management, customisation processes B. Supplier maintenance, control processes C. Supplier management, control processes D. Supplier maintenance, customisation processes

Description : The ____________________ and ____________________ manage the supplier relations, monitor the vendor activities and manage the supplier quality in an organisation. A. Supplier management, ... processes C. Supplier management, control processes D. Supplier maintenance, customisation processes

Last Answer : C. Supplier management, control processes

Which of the following statements are not true about budget, budgeting & budgetary control? A. Budgetary control works on the basis of best option B. Budget is one of the important mediums of communication C. Budgeting develops the quality of objectivity in planning D. None of the above

Description : Which of the following statements are not true about budget, budgeting & budgetary control? A. Budgetary control works on the basis of best option B. Budget is one of the important mediums of communication C. Budgeting develops the quality of objectivity in planning D. None of the above

Last Answer : D. None of the above

The breakeven chart helps the management in… A. Forecasting costs and profits B. Cost control C. Long term planning and growth D. All of the above

Description : The breakeven chart helps the management in… A. Forecasting costs and profits B. Cost control C. Long term planning and growth D. All of the above

Last Answer : D. All of the above

Management accounting assists the management A. Only in control B. Only in direction C. Only in planning D. In planning, direction and control

Description : Management accounting assists the management A. Only in control B. Only in direction C. Only in planning D. In planning, direction and control

Last Answer : D. In planning, direction and contro

Which of the following statements is true about stress management A. Stress management is learning about the connection between mind and body B. Stress management helps us control our health in a positive sense C. Stress management teaches us to avoid all kinds of stress D. Only ‘A’ & ‘B’ are right

Description : Which of the following statements is true about stress management A. Stress management is learning about the connection between mind and body B. Stress management helps us control our health in a positive sense C. ... management teaches us to avoid all kinds of stress D. Only A' & B' are right

Last Answer : D. Only ‘A’ & ‘B’ are right

What is Gross National Product: A. The total output of goods and services produced by the country’s economy B. The total domestic and foreign output claimed by residents of the country C. The sum of gross domestic product and investment

Description : What is Gross National Product: A. The total output of goods and services produced by the country’s economy B. The total domestic and foreign output claimed by residents of the country C. The sum of gross domestic product and investment

Last Answer : B. The total domestic and foreign output claimed by residents of the country

A philosophy and style of management that gives everyone in an organization responsibility for delivering quality to the customer is 1. Total Quality Management 2. Investment Management 3. Institutional Management 4. Forward Management 5. None of these

Description : A philosophy and style of management that gives everyone in an organization responsibility for delivering quality to the customer is 1. Total Quality Management 2. Investment Management 3. Institutional Management 4. Forward Management 5. None of these

Last Answer : Total Quality Management

GATT is a: A. Organization B. Method C. Agreement D. Policy

Description : GATT is a: A. Organization B. Method C. Agreement D. Policy

Last Answer : A. Organization

Strategic planning in service organizations is all about: A. Where the organization is heading B. Where the organization should be heading. C. How the organization needs to change in order to be more effective D. What the organization intends to accomplish for the community

Description : Strategic planning in service organizations is all about: A. Where the organization is heading B. Where the organization should be heading. C. How the organization needs to change in order to be more effective D. What the organization intends to accomplish for the community

Last Answer : C. How the organization needs to change in order to be more effective D. What the organization intends to accomplish for the community

What is a firm? a. A president, some vice presidents, and some employees b. Any organization that wants to make a profit. c. Any accumulation of productive assets. d. Any organization that turns inputs into outputs

Description : What is a firm? a. A president, some vice presidents, and some employees b. Any organization that wants to make a profit. c. Any accumulation of productive assets. d. Any organization that turns inputs into outputs

Last Answer : d. Any organization that turns inputs into outputs

Which is the right sequence of a stages of Internationalization A. Domestic, Transnational, Global, International, Multinational B. Domestic, International, Multinational, Global, Transnational C. Domestic, Multinatinal, International, Transnational, Global D. Domestic, Internatinal, Transnational, Multinational, Global

Description : Which is the right sequence of a stages of Internationalization A. Domestic, Transnational, Global, International, Multinational B. Domestic, International, Multinational, Global, ... , International, Transnational, Global D. Domestic, Internatinal, Transnational, Multinational, Global

Last Answer : B. Domestic, International, Multinational, Global, Transnational

IBRD (International Bank for Reconstruction and Development) also known as A. Exim Bank B. World Bank C. International Monetary fund D. International Bank

Description : IBRD (International Bank for Reconstruction and Development) also known as A. Exim Bank B. World Bank C. International Monetary fund D. International Bank

Last Answer : B. World Bank

The OECD A. Gathers and publishes data on the international economy. B. Provides financial assistance to developing countries. C. Approves international standards and product regulations. D. Includes more developing countries than developed countries. E. Is a cartel of countries that export oil.

Description : The OECD A. Gathers and publishes data on the international economy. B. Provides financial assistance to developing countries. C. Approves international standards and product regulations. D. ... more developing countries than developed countries. E. Is a cartel of countries that export oil.

Last Answer : A. Gathers and publishes data on the international economy.

International Finance Corporation formed as a ________body of the World Bank. A. As a subsidiary body B. As a main body C. As a competitive body D. As a holding body

Description : International Finance Corporation formed as a ________body of the World Bank. A. As a subsidiary body B. As a main body C. As a competitive body D. As a holding body

Last Answer : A. As a subsidiary body

Which conference gives the birth to the ‘International Monetary Fund’?. A. Brettonwoods B. Congress C. LIBOR D. TIDA

Description : Which conference gives the birth to the ‘International Monetary Fund’?. A. Brettonwoods B. Congress C. LIBOR D. TIDA

Last Answer : A. Brettonwoods

What are the two main functions of the WTO? A. The promotion of free trade and economic liberalism B. The administration of the WTO agreements and the resolution of international trade disputes C. The promotion of world peace, economic stability and financial co-operation D. The administration of the WTO’s institutional framework and the promotion of economic co-operation amongst its members

Description : What are the two main functions of the WTO? A. The promotion of free trade and economic liberalism B. The administration of the WTO agreements and the resolution of international trade ... of the WTO's institutional framework and the promotion of economic co-operation amongst its members

Last Answer : D. The administration of the WTO’s institutional framework and the promotion of economic co-operation amongst its members

What is the underlying characteristic of the WTO? A. It facilitates economic co-operation between different countries B. It resolves disputes between economic trade blocks C. It facilitates the development of less developed countries D. It acts as an umbrella institution that regulates the agreements concluded at the Uruguay round, the organisation’s ultimate goal being the promotion of free international trade

Description : What is the underlying characteristic of the WTO? A. It facilitates economic co-operation between different countries B. It resolves disputes between economic trade blocks C. It facilitates ... the Uruguay round, the organisation's ultimate goal being the promotion of free international trade

Last Answer : D. It acts as an umbrella institution that regulates the agreements concluded at the Uruguay round, the organisation’s ultimate goal being the promotion of free international trade

International Monetary Fund (IMF) was established on : A. 25 September, 1944 B. 27 December, 1944 C. 25 September, 1945 D. 27 December, 1945

Description : International Monetary Fund (IMF) was established on : A. 25 September, 1944 B. 27 December, 1944 C. 25 September, 1945 D. 27 December, 1945

Last Answer : D. 27 December, 1945

Rather than constructing their own currency baskets, many nations peg the value of their currencies to a currency basket defined by the International Monetary Fund. Which of the following illustrates this basket? A. IMF tranche B. Special Drawing Rights C. Primary reserve asset D. Swap facility

Description : Rather than constructing their own currency baskets, many nations peg the value of their currencies to a currency basket defined by the International Monetary Fund. Which of the following illustrates this ... . IMF tranche B. Special Drawing Rights C. Primary reserve asset D. Swap facility

Last Answer : B. Special Drawing Right

In 1973, the reform of the international monetary system resulted in the change from: A. Adjustable pegged rates to managed floating rates B. Managed floating rates to adjustable pegged rates C. Crawling pegged rates to freely floating rates D. Freely floating rates to crawling pegged rates

Description : In 1973, the reform of the international monetary system resulted in the change from: A. Adjustable pegged rates to managed floating rates B. Managed floating rates to adjustable pegged rates C. Crawling pegged rates to freely floating rates D. Freely floating rates to crawling pegged rates

Last Answer : A. Adjustable pegged rates to managed floating rates

The Exchange-rate System that best characteristizes the present international monetary arrangement used by industrialized countries is: A. Freely Fluctuating Exchange Rates B. Adjustable Pegged Echange Rates C. Managed Floating Exchange Rates D. Pegged or Fixed Exchange Rates

Description : The Exchange-rate System that best characteristizes the present international monetary arrangement used by industrialized countries is: A. Freely Fluctuating Exchange Rates B. Adjustable Pegged Echange Rates C. Managed Floating Exchange Rates D. Pegged or Fixed Exchange Rates

Last Answer : C. Managed Floating Exchange Rates

Which of the following is an example of an area where business ethics apply? A. Conduct of international operations B. Nowhere C. In the personal life of staff D. None of the above

Description : Which of the following is an example of an area where business ethics apply? A. Conduct of international operations B. Nowhere C. In the personal life of staff D. None of the above

Last Answer : A. Conduct of international operations

Which of the following should be the first step in designing a marketing channel? A. Exploring international opportunities B. Evaluating intermediaries C. Identifying what consumers want from the channel D. Identifying channel objectives

Description : Which of the following should be the first step in designing a marketing channel? A. Exploring international opportunities B. Evaluating intermediaries C. Identifying what consumers want from the channel D. Identifying channel objectives

Last Answer : C. Identifying what consumers want from the channel

Buying goods and services for further processing or for use in the production process refer to which of the following markets? A Consumer markets B. Government markets C. Business markets D. International markets

Description : Buying goods and services for further processing or for use in the production process refer to which of the following markets? A Consumer markets B. Government markets C. Business markets D. International markets

Last Answer : C. Business markets

The markets in which the market offerings are bought from sellers for reselling purpose are known as A. Business markets B. Reseller markets C. Government markets D. International markets

Description : The markets in which the market offerings are bought from sellers for reselling purpose are known as A. Business markets B. Reseller markets C. Government markets D. International markets

Last Answer : B. Reseller markets

When Mercedes-Benz targets the world’s well-to-do, regardless of their country, they are most likely following a segmentation strategy called: A. external segmentation. B. international segmentation. C. enriched segmentation. D. intermarket segmentation.

Description : When Mercedes-Benz targets the world’s well-to-do, regardless of their country, they are most likely following a segmentation strategy called: A. external segmentation. B. international segmentation. C. enriched segmentation. D. intermarket segmentation.

Last Answer : D. intermarket segmentation.

____________________ is forming segments of consumers who have similar needs and buying behavior even though they are located in different countries. A. External segmentation B. International segmentation C. Intermarket segmentation D. Enriched segmentation

Description : ____________________ is forming segments of consumers who have similar needs and buying behavior even though they are located in different countries. A. External segmentation B. International segmentation C. Intermarket segmentation D. Enriched segmentation

Last Answer : C. Intermarket segmentation

Robert is a marketer for a global consumer products company. He is working on the promotional campaign designed to reach a target audience in a new international market. Robert is working hard to make sure that the promotional campaign is clearly understood by the nation's consumers and doesn't offend anyone. Which of the factors in the external environment is he being influenced by? A. Socio-cultural environment B. Competitive environment C. Economic environment D. Legal environment

Description : Robert is a marketer for a global consumer products company. He is working on the promotional campaign designed to reach a target audience in a new international market. Robert is working ... A. Socio-cultural environment B. Competitive environment C. Economic environment D. Legal environment

Last Answer : A. Socio-cultural environment

If an economy is under developed, it means: A. Agriculture is the main occupation B. Standard of living of people is low C. Production Techniques are backward and obsolete D. All of the above

Description : If an economy is under developed, it means: A. Agriculture is the main occupation B. Standard of living of people is low C. Production Techniques are backward and obsolete D. All of the above

Last Answer : B. Standard of living of people is low

Indicator of HDI is: A. Longevity B. Educational Attainment C. Standard of Living D. All of the above

Description : Indicator of HDI is: A. Longevity B. Educational Attainment C. Standard of Living D. All of the above

Last Answer : D. All of the above

If an economy is under developed, it means: A. Agriculture is the main occupation B. Standard of living of people is low C. Production Techniques are backward and obsolete D. All of the above

Description : If an economy is under developed, it means: A. Agriculture is the main occupation B. Standard of living of people is low C. Production Techniques are backward and obsolete D. All of the above

Last Answer : D. All of the above

Sales margin variance due to sales quantities is measured as A. Standard profit - Revised standard profit B. Revised standard profit - Budgeted profit C. Standard profit + Revised standard profit D. Revised standard profit + Budgeted profit

Description : Sales margin variance due to sales quantities is measured as A. Standard profit - Revised standard profit B. Revised standard profit - Budgeted profit C. Standard profit + Revised standard profit D. Revised standard profit + Budgeted profit

Last Answer : B. Revised standard profit - Budgeted profit

The term standard cost refers to the: A. average unit cost of product produced in the previous period B. budgeted unit cost of product produced in a particular period C. average unit cost of product produced by other companies D. average unit cost of product produced in the current period

Description : The term standard cost refers to the: A. average unit cost of product produced in the previous period B. budgeted unit cost of product produced in a particular period C. average unit cost of product produced by other companies D. average unit cost of product produced in the current period

Last Answer : B. budgeted unit cost of product produced in a particular period

Match the columns (a) Activity Ratio -------------------- i) (Actual hours worked / Budgeted hours) * 100 (b) Capacity Ratio ------------------ ii) (Standard hours of actual production / Actual hours worked) * 100 (c) Efficiency Ratio ----------------- iii) (Standard hours for actual output / Budgeted hours) * 100 A. A-ii, B-iii, C-i B. A-i, B-ii, C-iii C. A-iii, B-i, C-ii D. None of the above

Description : Match the columns (a) Activity Ratio -------------------- i) (Actual hours worked / Budgeted hours) * 100 (b) Capacity Ratio ------------------ ii) (Standard hours of actual production / Actual hours worked) * 100 ( ... , B-iii, C-i B. A-i, B-ii, C-iii C. A-iii, B-i, C-ii D. None of the above

Last Answer : C. A-iii, B-i, C-ii

As per Accounting Standard-3, Cash Flow is classified into A. Operating activities and investing activities B. Investing activities and financing activities C. Operating activities and financing activities D. Operating activities, financing activities and investing activities

Description : As per Accounting Standard-3, Cash Flow is classified into A. Operating activities and investing activities B. Investing activities and financing activities C. Operating activities and financing activities D. Operating activities, financing activities and investing activities

Last Answer : D. Operating activities, financing activities and investing activities