Zaire proposed "Building blocks of TQM" in which year ?
1991
The question asks about the specific year when Zaire proposed the concept known as the "Building blocks of TQM". TQM stands for Total Quality Management, a management approach focused on long-term success through customer satisfaction. It involves all members of an organization in improving processes, products, services, and the culture they work in.
Various experts and authors have contributed to the framework and understanding of TQM, outlining different components or 'building blocks' essential for its successful implementation.
According to management literature, the concept of "Building blocks of TQM" was proposed by Oliver L. Zaire.
Let's examine the options provided:
Based on studies of quality management evolution and the works of Oliver L. Zaire, the year he proposed the "Building blocks of TQM" is 1991.
Therefore, among the given options, 1991 is the year associated with Zaire's proposal of the TQM building blocks.
Factors which govern the operating cost of an equipment are :
1. Purchase price of the equipment
2. Depreciation due to regular use
3. Cost of operation, maintenance and repairs
Which of the above statements are correct ?
In Emerson's efficiency plan of wage incentive system, the bonus is paid to-
Match List I with List II
LIST I (Project Network concepts) | LIST II (Underlying meaning) | ||
| A. | Crashing an activity | I. | Length of the longest path through the project network |
| B. | Project Network | II. | It shows the time and cost when the activity is fully crashed |
| C. | Critical path | III. | It consists of a number of nodes and a number of arcs that connects two different nodes |
| D. | Crash point | IV. | Taking special (costly) measures to reduce the duration of an activity below its normal value |
Choose the correct answer from the options given below:
The following statements relate to project network. Choose the correct code for the statements being correct or incorrect.
Statement I: An activity cannot be represented by more than one arrow, but an arrow can represent one or more activities.
Statement II : The activities in a critical path can be preponed or postponed.
A public limited company has 9,00,000 shares outstanding at current market price of Rs. 130 per share. The company needs Rs. 2.25 crores to finance its proposed new project. The board of the company has decided to issue rights shares to raise the required money at Rs. 75 per share (as subscription price) to ensure that the rights issue is fully subscribed. How many rights are required to purchase a new share ?