Discuss the benefits of Total Quality Management ‘TQM’ to a manufacturing business - Leaving Cert Business - Question B - 2009
Question B
Discuss the benefits of Total Quality Management ‘TQM’ to a manufacturing business.
TQM is a process which tries to ensure quality in all aspects of a firm’s operat... show full transcript
Worked Solution & Example Answer:Discuss the benefits of Total Quality Management ‘TQM’ to a manufacturing business - Leaving Cert Business - Question B - 2009
Step 1
Improved Quality
96%
114 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
One of the fundamental benefits of TQM is the enhancement of product quality. Implementing TQM leads to systematic improvements in the processes, resulting in superior quality products that meet or exceed customer expectations.
Step 2
Reduction in Cost
99%
104 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
With the application of TQM, a manufacturing company can significantly reduce costs by minimizing waste. Efficient processes and enhanced quality control mechanisms mean less rework and fewer defective products, which translates to cost savings.
Step 3
Meet the Requirements of Legislation
96%
101 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
TQM ensures that a company adheres to relevant legislation, such as the Sale of Goods and Supply of Services Act 1980. Compliance with these regulations is streamlined through consistent quality management practices.
Step 4
Workers are Better Motivated
98%
120 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
TQM engages employees in quality management processes, thereby increasing their motivation. When workers see the commitment from management towards quality, they feel more valued and are likely to contribute positively to the business.
Step 5
Job Satisfaction
97%
117 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
Employees experience a sense of achievement when they are involved in a TQM environment. This not only improves morale but enhances productivity as well, because satisfied workers are generally more committed to their tasks.
Step 6
Increased Sales
97%
121 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
Lastly, by developing a reputation for providing high-quality goods, TQM can lead to an increase in sales. Satisfied customers are more likely to become repeat customers and recommend the business to others, ultimately driving sales growth.
Join the Leaving Cert students using SimpleStudy...