MAT 510 WEEK 5 MIDTERM EXAM STRAYER UNIVERSITY, Complete Solution Guide.

Lean manufacturing, Six Sigma, Total Quality Management are some of the new systems for managing and improving an organization. What is a common theme running through these approaches? Selected Answer: Improvement is accomplished by improving the processes we use to do out work Correct Answer: Improvement is accomplished by improving the processes we use to do out work  Question 2 4 out of 4 points Which of the following are principles of Statistical Thinking? Selected Answer: A, B, and D Correct Answer: A, B, and D  Question 3 4 out of 4 points Improvement is needed for an organization to survive because: Selected Answer: All of the above Correct Answer: All of the above  Question 4 4 out of 4 points Process improvement activities typically include: Selected Answer: All of the above Correct Answer: All of the above  Question 5 4 out of 4 points The principal drivers of the rapid change in the global economy are: Selected Answer: A and B above Correct Answer: A and B above