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MNO2609 Assignment 5 (COMPLETE ANSWERS) Semester 2 2024 (347298) - DUE 2024 ; 100% TRUSTED Complete, trusted solutions and explanations.

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MNO2609 Assignment 5 (COMPLETE ANSWERS) Semester 2 2024 (347298) - DUE 2024 ; 100% TRUSTED Complete, trusted solutions and explanations.QUESTION 1 1.1 Quality starts with understanding customer needs and ends when those needs are satisfied. In view of this statement, explains quality. 1.2 A development of quality concept regarding customer and their satisfaction results in customer loyalty. Research shows that focus on customer loyalty can provide several commercial advantages. Describe commercial advantages. 1.3 There are various techniques that can be used to assess customer satisfaction. Describe the technique can be considered is most appropriate. 1.4 The management of a firm may think that their scale of operations is not sufficiently large that that their resources to implement Total Quality Management (TQM). What questions may be considered relevant to ask? 1.5 The Describe the vehicle to achieve excellence in leadership. 1.6 The culture of an organization is formed by several components. Describe them. 1.7 Clearly defined and properly communicated beliefs and objectives can be summarize that believe. 1.8 The mission statement is stated all the statement. Explain it. 1.9 The mission and the critical success factor (CSF) are what the organization must be supported by key performance indicators (KPI). Describe the task of the sponsor. 10. If quality takes care of all the aspects of the customer’s requirement, including cost, production, safety and easy use, then designing must take care of certain aspect Describe them. MAY/JUNE 2024 QUESTION 3 2.1 Explain quality management principles embraced that you have learned. (4) 2.2 Change organization can content with. Mention any five of six guidelines (10) 2.3 The leaders (executives) should express values and beliefs through a clear vision of what their company wants to be and its purpose. Outline (5) five what the beliefs and objectives should address. (5) 2.4 Develop a benchmarking methodology. (6) QUESTION 3 3.1 Provide an overview of how you understand the culture (2) 3.2 Organisations with impressive customer service scores, for instance, subscribe to the importance of employees' empowerment. Explain what they do to encourage employees. (8) 3.3 Cultural change through team is the issue that management needs to contend with. Change will continue to be with us for a long time. Within the context of Total Quality Management, advise the organisation that intends to embark on changing how they could manage it. (Mention any five guidelines) (5) 3.4 Summarise the applications of Six Sigma. (6) 3.5 Provide an overview of your understanding of the culture of any business. (4)

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MNO2609

Assignment 5 (COMPLETE

ANSWERS) Semester 2 2024

(347298) - DUE 2024

, MNO2609

Assignment 5 Semester 2 2024

QUESTION 1

1.1 Quality

Quality refers to the degree to which a product or service meets the needs and
expectations of customers. It involves understanding customer requirements and
consistently delivering products or services that fulfill these needs satisfactorily. Quality
is not just about the end product but encompasses the entire process, from design to
delivery, ensuring all customer needs are met.

1.2 Commercial Advantages of Customer Loyalty

Customer loyalty can lead to several commercial advantages:

 Increased Revenue: Loyal customers are more likely to make repeat purchases,
increasing sales over time.
 Lower Marketing Costs: Retaining existing customers is less expensive than
acquiring new ones. Loyal customers can also provide free word-of-mouth
marketing.
 Higher Profit Margins: Loyal customers are often less price-sensitive and willing
to pay more for products and services they trust.
 Competitive Advantage: Strong customer loyalty can differentiate a company
from its competitors.

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