benchmarking_worldclass mfg

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  • 8/6/2019 Benchmarking_Worldclass Mfg

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    Check Answer Report

    You have got 8%. Please go through the study materials again

    Here indicate UserGiven AnswerLight Green color Indicates Correct Answer.Light Red Color Indicates Wrong Answer.

    1 Benchmarking is a systematic method by which Organizations can measure themselves for

    The best industry practices

    Superior performances

    Strengths and weaknesses

    All of the above

    2 A benchmarking is a point of reference against which things are measured to set new goalsand adopt the best practices to satisfy Customers except

    QualityCost

    Product and Services

    Procedure

    3 The advantage of Benchmarking does not include

    It promotes a thorough understanding of the Companys own processes

    Allows intensive studies of existing practices

    Allows comparison of performance measures

    Best in class performance is not static but moving target

    4 Bench marking, when practiced has limitations in many areas except

    It can not replace all other quality efforts or management processes

    It will not improve performance, if the proper infrastructure of a quality programme is not inplace

    It is a continuous moving target

    It allows Organizations to set realistic, rigorous performance targets

    5 To compare ones business practices with those of other Organizations, various approachesto Benchmarking are adopted. The Benchmarking, when it is done with ones ownOrganization\division\Branch office is called

    Internal Benchmarking

    Competitive Benchmarking

    Non-competitive Benchmarking

    World class Benchmarking

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    6 The different levels of non-completive Benchmarking does not include

    Analyses of performance and practices of best in class companies

    A related process in the Industry with a Firm, the Company does not compete directly

    -A related process of a different type of Industry

    An unrelated process in different Industry

    7 There are different types of Benchmarking. One in which Work processes, such as Billing,Order entry or Employee training are covered is known as

    Performance Benchmarking

    Operational benchmarking

    Process Benchmarking

    Strategic Benchmarking

    8 The guidelines of Benchmarking does not include

    Thoroghouly reviews your own processes and procedures

    Use external agencies

    Exchange information

    Respect the confidentially of data obtained

    9 In Four phases of Benchmarking, one phase in which Employees establish goals and obtainthe support of Managers, who must provide the resources for accomplishing the goals is called

    Planning

    Analysis

    Integration

    Action

    10 There are common steps in Benchmarking process. A step wherein identification of keyprocesses, forming of teams, understanding of own processes is called

    Getting started

    Preparing to Benchmark

    Selecting, whom to Benchmark

    Collecting and sharing information

    11 Benchmarking is an ongoing process that requires data gathering, goal setting and analysis.There are various steps to achieve these except

    Identify what to Benchmark and what to measure

    Eliminate waste and variability

    Collect and analyze data

    Set goals, actions plan and monitor

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    12 As a part of identifying what to Benchmark, there are various steps, beside the objectiveand to involve whom. One of them as listed below is not a part of this process, which is

    Consider the scope

    Set the boundaries

    Establish the process measuresAgree on the process

    13 As a part of benchmarking process is defined, it is essential to decide on what to measure,which requires examining the flow chart, which may include various measurable items except

    Time to complete the process

    Number of repeats

    Dividing the goals into separate and measurable tasks

    Completion time of each individual task

    14 Once the process of Benchmarking has been defined; it is essential to establish processmeasure, which can be done by various means except

    Consider measures outside the process

    Determine Customer result measures

    Brainstorm in-process measures

    Brainstorm Labor laws

    15 Once it has been identified, what to Benchmark; the next step is to get Benchmarkinginformation from various means except

    Trade\ professional Journals

    Computer data base

    Market research

    Comparisons of disciplines, which are of different nature

    16 After identifying the levels and organizations to Benchmark, it is essential to decide onBenchmarking targets by collecting datas from various sources except

    Internal

    Public informationAction plan

    Informations from other organizations

    17 After analyzing the data and determining the gap, for Benchmarking, it is required to setperformance goals by keeping various factors in mind except

    Goals should be achievable

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    Goals should be highly stretched

    Goals must be supported

    Goals should be finite

    18 There are various factors to be kept in mind in order to ensure success with benchmarking

    except

    Management should be actively involved

    Ensure Training for the Benchmarking team

    Identify functional goals

    Build it as team activity

    19 A Benchmarking exercise generally does not cover the entire range of Companys processes.In focuses of Benchmarking, one of the elements is review of management processes, whichcovers the type of benchmarking called

    ProductProcess

    Best practices

    Stratigic

    20 The influence of Benchmarking and its outcome does not consider

    Change management

    Gap analysis

    Time based competition

    Technological development

    21 In 4 phases of Benchmarking, one of which is a planning phase, consisting of

    Identify what is to be Benchmarked

    Determine the current performance of gaps

    Identify comparable companies

    Detemining method of collection of data

    22 In Action plan phase of Benchmarking, several activities are involved except

    Devlop and implement action plans

    Cummunicate benchmark findings and get acceptance

    Moniter progress

    Recaliberate Benchmarking

    23 Benchmarking is carried out at various levels, one of which is not a part of it, which

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