2023 Regulations This assignment is an individual assignment All students are | Assignments Online

2023 Regulations This assignment is an individual assignment All students are | Assignments Online

Assignments Online 2023 Business Finance

  

Regulations:

· This assignment is an individual assignment.

· All students are encouraged to use their own words. 

· Student must apply academic writing standards and APA style guidelines

· Support your submission with course material concepts, principles, and theories from the textbook along with at least three scholarly, peer-reviewed journal articles.

· A mark of zero will be given for any submission that includes copying from other resource without referencing it. 

· Write at least 8 pages in length, excluding the title page, abstract and required reference page, which are never a part of the minimum content requirements.

· Each Answer should have minimum of 500 words

· It is strongly encouraged that you submit your assignment into the safe assignment Originality Check prior to submitting it to your instructor for grading. 

· Plagiarism less than 10%. 

· Write answers below each question. Do not delete the questions. 

Principles of Management

Reference: MGT490-Book-Chapter No-16 (Control Systems & Quality Management)

Part-1

Baird and colleagues report on a study of 364 business units from the manufacturing and service sectors in Australia. Their study examined four core TQM practices: process management, the quality and reporting of data, supplier quality management and product and/or service design. Their findings suggest that respect for colleagues and teamwork are critical components for enhancing total quality management implementation.

1. Can you explain the link between quality management practices and organisational culture?

2. From your readings in this chapter, what other factors do you think are important for maintaining quality and increase productivity?

3. Some researchers argue that quality management processes can inhibit innovation. Why might this be so? What do you think?

Further information can be found in K. Baird, J. H. Kristal and R. Reeve, The relationships between organisational culture, total quality management practices and operational performance, International Journal of Operations and Production Management, 2011;31(7): 789–814.

Use at least 3 scientific references to support your answers. Follow APA-style when referencing.

Part-2

A study by Agus and Hajinoor into the adoption of lean management among 200 (non-food) manufacturing companies in the Malay Peninsula identified that reducing setup times, shortening lead times and focusing on pull factors (such as maintaining production at levels commensurate to consumption) helped reduce costs and improve profitability.

4. What other strategies could be implemented along with lean production to improve quality and productivity?

Further information can be found in A. Agus and S. H. Hajinoor, Lean production supply chain management as driver towards enhancing product quality and business performance, The International Journal of Quality and Reliability Management, 2012;29(1): 92–121.

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