Question: In BSG, what management tools are available for promoting operating excellence? Explain whether each tool reduces costs, increases quality, or both. Hint: Explain the impact
In BSG, what management tools are available for promoting operating excellence? Explain whether each tool reduces costs, increases quality, or both. Hint: Explain the impact of each factor below on a) reject rates, b) S/Q ratings, c) worker productivity, d) input material productivity.
- TQM/Six Sigma
- base wages
- incentive compensation
- ratio of workers to supervisors
- supervisory compensation
- best practices training
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