Generic benchmarking - Study guides, Class notes & Summaries

WGU C432 Healthcare Management and Strategy + Pre Assessment Business-Level Strategy a plan that indicates how a division intends to compete against its rivals in an industry Corporate-Level Strategy A plan that indicates in which industries and national markets an organization intends to compete. Emergent-Strategy any unplanned strategic initiative bubbling up from the bottom of the organization Functional-Level Strategy Strategic scope and direction at the operating division, departmen...

OPMA 317 Final Exam Latest Update Graded A bullwhip effect a distribution channel phenomenon in which forecasts yield supply chain inefficiencies. It refers to increasing swings in inventory in response to shifts in customer demand as you move further up the supply chain vendor managed inventory A means of optimizing Supply Chain performance in which the manufacturer is responsible for maintaining the distributor's inventory levels. The manufacturer has access to the distributor's inventory d...

Which certified Six Sigma professional is responsible for identifying resources and removing roadblocks for the Six Sigma team members? - answer-Six Sigma Champion You know that you have a very bright, but sometimes dominating, member on your team. Which of the following team rules might you propose? 1)Everyone participates, no one dominates 2)One discussion at a time. Everyone has a chance to provide their opinion 3)We will not criticize, condemn, or complain 4) Any of these wou...

Ambulatory Care Nurse Certification Exam (ANCC) 170 Questions with Verified Answers The Ambulatory care Nurse is triaging a client whose chief complaint is chest pain. What is a priority action for the nurse to take? A. Complete full head to toe B. Administer ASA C. Perform Electrocardiogram (ECG) D. Call 911 - CORRECT ANSWER C. Perform an Electrocardiogram Which of the following is essential for the ambulatory care nurse to remind the client of when performing an Electrocardiogram? ...

Distribution requirements planning (DRP) provides transportation planners with: Answers locations for scheduling deliveries. backhauling information. load optimization information. current and future shipping requirements. - Answer Answer Rationale DRP can convert the schedule of planned orders into transportation data elements such as weight, volume, and number of pallets. current and future shipping requirements. Which is a decision at the operations strategy level related to plann...

Question 1: What is the primary purpose of Key Performance Indicators (KPIs)? A) To reduce costs B) To evaluate the success of an organization in achieving its objectives C) To increase market share D) To enhance product quality Correct Answer: B Rationale: KPIs are metrics used to assess how effectively an organization is achieving its key business objectives. ________________________________________ Question 2: Which of the following is NOT a common financial metric for measuring suc...

What is strategy? - ANSWER Strategy "A course of action, including the specification of resources required, to achieve a specific objective." CIMA: Official Terminology Levels of strategy - Johnson and Scholes - ANSWER Corporate strategy (Where) Business Strategy (How) Functional Strategy (Who) Arguments in favour of a strategic approach - ANSWER * Strategy helps minimise risk * Avoids short-term behaviour * Improves stakeholder perceptions * Encourages environmental analysis e.g...

BSG Exam 1 Questions and Answers, Scored A+ |2023 Test Strategy consists of the competitive moves and business approaches that managers employ to attract and please customers, compete successfully, capitalize on opportunities to grow the business, respond to changing market conditions, conduct operations, and achieve the targeted financial and market performance 3 Strategic Questions firms must answer 1. What is the firm's present situation? 2. What direction to head and what perform...

- answer- Team cohesion is established during which of the following stages of team growth? - answer-norming In lean thinking, a process step is defined as "value added" if the - answer-customer recognizes the value. A clinical pathway on the management of hip fractures has been developed by a multi-disciplinary team and implemented in a large teaching hospital. After monitoring for 6 months, the length of stay continues to exceed the guidelines. Which of the following should be the n...

CRISC 351-400 topic3 Questions and Answers 2023 Question #:351 - (Exam Topic 3) When is the BEST to identify risk associated with major project to determine a mitigation plan? A. Project execution phase B. Project initiation phase C. Project closing phase D. Project planning phase D. Project planning phase Question #:352 - (Exam Topic 3) Of the following, who is BEST suited to assist a risk practitioner in developing a relevant set of risk scenarios? A. Internal auditor B. Asset...