Both TQM and BPR are customer-oriented. They both aim on improving the customer satisfaction. Also‚ they both suggest thinking outside in. On the other words‚ they both suggest to think from the customer’s viewpoint. Also‚ both TQM and BPR are process-oriented. They both target to alter the processes‚ but not just on the product. Moreover‚ they both take team approach. Nearly all BPR projects are initiated by top-down approach. Since BPR would results great changes‚ staff resistance is obvious.
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QUALITY ON THE FLOORS OF PEPSI Established in the Carolinas in 1898‚ Pepsi-Cola has a long and rich history. The drink is the invention of Caleb Bradham‚ a pharmacist and drugstore owner in New Bern‚ North Carolina. This young pharmacist began experimenting with combinations of spices‚ juices‚ and syrups trying to create a refreshing new drink to serve his customers. He succeeded beyond all expectations because he invented the beverage known around the world as Pepsi-Cola. The business began to
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Marriott Corporation: The Cost of Capital (Abridged) 1. How does Marriott use its estimate of cost of capital? Does this make sense? Marriot use cost of capital as the hurdle rate (minimum rate of return required to accept the project) to discount future cash flows for the investment projects of the three lines of business (Lodging‚ Contract Services and Restaurants). They use this rate to calculate NPV and net present value over cost to decide for the profit rate. Since cost of the project
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LITERATURE REVIEW a) The Fundamental Principles of TQM (Improvements and Development In the Public Service – Report by Tan Sri Dato’ Seri Ahmad Sarji Bin Abdul Hamid‚ Chief Secretary To The Government). Government departments can practice TQM successfully if they have a conducive work environment. The conducive environment will foster the development of a quality culture which will then become a way of life in the organization. To create such an environment‚ Government departments
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FOCUS ON TQM‚ EQM AND ISO INTRODUCTION Environment may be broadly understood to mean our surroundings. It can be divided into non-living and living components. The Environment provides resources which support life on the earth and which also help in the growth of a relationship of interchange between living organisms and the environment in which they live. ISO • What? ISO (International Organization for Standardization) is the world ’s largest developer and publisher of International
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References: 27 Hansson‚ Johas & Eriksson‚ Henrik‚ (2002)‚ “The Impact of TQM on financial performance”‚ Measuring Business Excellence‚ vol Quality Management and Six Sigma McAdam‚ Rodney & McKeown‚ Michael‚ (1999)‚ “Life after ISO 9000: An Analysis of the Impact of ISO 9000 and Total Quality Management on Small Business in Northern
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Financial Decision Making Final Project Case analysis: Marriott Corporation Introduction and background The Marriott Corporation‚ an American firm‚ was founded in 1927 by J.Willard Marriot.The company began as a small beer stand and soon began to sell food and provided lodging that expanded rapidly. With the help of his wife Alice‚ the family owned business had 45 restaurants in nine states by 1940 and grew into one of the leading service companies. The Company has three major lines
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ASSIGNMENT OF Total Quality Management Submitted To: Prof.Sajid Javaid Akbar Submitted By: M.Farhan Akhtar [Group Leader] Section: “D” Roll No: 835 B.Com (HONS)‚ Semester: VI Topic: “Employee Involvement” HAILEY COLLEGE OF COMMERCE UNIVERSITY OF THE PUNJAB |Sr # |Group members
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TQM Model/Methodology Total Quality Management (TQM)‚ is a philosophy that focuses on quality and customer satisfaction. Being an expert in TQM gives numerous opportunities for me to show organizations how to effectively use TQM models. In my present job‚ I will determine and select a Total Quality method to present to an organization for the incorporation into the strategic planning process. The model will need to be compatible with current organizational strategic plans and increase internal
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Abdullah Younus younus.abdullah@ymail.com EMN 502 PROJECT QUESTIONS 1. Why is service quality more difficult to define than product quality? -While service and production share many attributes‚ services have more diverse quality attributes than products. For example‚ product like a personal computer is typically evaluated on its merits‚ and it makes little difference to the user whether the person that assembled the computer was in a bad mood the day the computer was made. Service
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