Steven Spear - The High Velocity Edge: How to Beat the Competition

Steven Spear - The High Velocity Edge: How to Beat the Competition

Assessment

Interactive Video

Social Studies, Business

University

Hard

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason for the author's interest in Japanese manufacturing?

To explore their financial models

To study their marketing strategies

To understand their superior value delivery

To learn about advanced robotics

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a key factor in Toyota's success according to the author?

Advanced production control algorithms

Exclusive supplier contracts

High investment in advertising

A phenomenal learning factory

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the case study, what was the first step in the progression of employees at Toyota suppliers?

Understanding market demands

Developing corrective actions

Receiving education on basic skills

Learning to identify problems

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did employees learn after identifying problems in their work?

How to market their products

How to solve problems to root cause

How to increase production speed

How to manage finances

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common theme across extraordinary learning organizations?

Focus on marketing strategies

Commitment to generating new knowledge

Emphasis on financial growth

Investment in advanced technology

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Norm Bufunno's primary responsibility at Toyota's Indiana site?

Engaging the workforce's brainpower

Inspecting the quality of cars

Managing financial operations

Overseeing marketing strategies

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did Norm Bufunno visit problem-solving activities regularly?

To provide technical expertise

To evaluate financial performance

To supervise production speed

To ensure a healthy learning dynamic