Inter PN-9 OMSM Quiz 10

1.                 are companies that are not currently competing in an industry, but have the capability to do so if they choose.

2.                         includes those activities that enhance or maintain the value of product or service, such as installation, repair, training and spares.

3. ................transform these inputs into the final product or service.

4. What describes the categories of activities within and around an organisation, which together create a product or service?

5.                   are outcomes of changes in the characteristics of a population

6.                 are the growth rate of the economy, interest rates, currency exchange rates, and inflation (or deflation) rates.

7. Environment is        .

8. This           provides the broad ‘data’ from which to identify key drivers of change.

9. The balanced score card is a approach to performance management

10.                          refer to the job-specific goals of each individual employee.

11.                 is concerned with complexity arising out of ambiguous and non-routine situations with organisation wide rather than operation-specific implications.

12. Which among the following provide the standards for performance appraisal?

13.                          are the day-to-day way in which an organisation operates and can be seen by people both inside and outside the organisation.

14. The          of a company state how managers and employees should conduct themselves.

15. The monitoring, evaluating and disseminating of information from the external and internal environments to key people within the organisation is called

16. One of the objectives of maintenance is:

17. Identify which one of the following is NOT the objective of the maintenance:

18. Which one of the following is NOT the advantage of Preventive Maintenance?

19. The organizational structure should be

20.                          while the equipment is running or during pre-planned shut-downs.

21. In some cases the                      and inconvenience due to breakdown of equipment is so high that standby equipment is kept.

22. The main problem in maintenance analysis is to      the overall cost of maintenance without sacrificing the objectives

23. Production department or maintenance department depending on the size of the plant generally takes up

24. Which one of the following is not correct?

25. Preventive maintenance policy is justified only when