FREE ESSAY ON MODERN INDUSTRIAL ORGANIZATIONS

MODERN INDUSTRIAL ORGANIZATIONS

Final Exam
2. The six M's of modern industrial organizations are: money, manufacturing, machinery,
manpower, market, management. These are all related in a way because in order to be
successful in a business you must focus on all six of these equally. Mass production x
efficiency = success.
3. Demings 14 points method: 1) Create a statement of aims and purposes of the company to
give to the employees. 2) Learn the new philosophy. 3) Understand the purpose of
inspection, for improvement. 4) End the awarding based on price tag alone. 5) Improve the
constantly the system of production and service. 6) training 7) Teach leadership 8) Drive
out fear, create trust. 9) Optimize towards the aims and purposes of the company. 10)
Eliminate exhortions for the workforce. 11) Eliminate numerical quotas, Eliminate M..B.O.
12) Remove barriers for pride of workmanship. 13) Encourage education and
self-improvement. 14) Take action to accomplish the transformation.
4. A system is: A network of functions within an organization that work together for the
aim of the company. Characteristics: Aim clear to everyone, must be viewed positively,
separate parts work together.
6. Paradigm Shifters: pioneers- they are risk takers, open the door for the rest and made
it safe. Settlers- they will have problems with the future, need proof it is safe. Japan
has the best paradigm pioneers. I would place myself under pioneer, because i am always
will to take risks, I would rather find out myself rather than to follow behind someone
else.
9. A business's relationship with the customer is very important, the relationship now is
not just to make money off the customer, but to build a trust so the customer knows they
he/she is wanted and appreciated. A good example of this is: Wal-Mart has a policy that
if you own a RV and traveling that you are allowed to park your RV in their parking lot
over night. Also, business's are now answering the customer service phones personally
instead of a operator telling you to push all kinds of buttons.
7. What is meant by this definition is simply not one person can achieve a companies goal
in succeeding. Everyone in the company is going to have to be willing to work together,
which means the upper-level management is going to have to work with the lower-level
management. This means everyone in the company is going to know what is going on and what
the specific goals of the company are. By doing this everything in the company will run a
lot smoother and more efficient. An example of this would be Louisville Slugger, every
employee in this company knows what is going on in each department and everyone is
willing to help each other no matter what department they are in.