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MGT510 GDB No 01 Spring 2019 Solution & Discussion
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MGT510 & MGT601 GDB Solution Spring 2019
Punjab Cash & Carry is newly established super store in Islamabad. Punjab Cash & Carry’s competitors are Metro and Madina Cash & Carry. Fahad is son one of the business partner of Punjab Cash & Carry and a year ago he graduated in business administration field. He wants to join his father business. After joining the business, Fahad observed that TQM has not been implemented properly as compare to the competitors. He had studied while course of study that TQM is a business philosophy based on customer satisfaction through quality orientation of the entire organization. Fahad is interested to implement completely philosophy of TQM with support of Punjab Cash & Carry’s owners.
Point of Discussion (POD)
Being student of TQM, what will suggest to Fahad for implementation of TQM system in Punjab Cash & Carry and discuss what will be ultimate advantages after implementing of TQM system in the business.
“Total Quality Management” The total quality management philosophy of doing business emphasizes lower costs by reducing wastage, helping suppliers provide quality products and satisfied the customer with quality of goods and services. The Mr. Fahad for implementation of TQM system in Punjab Cash & Carry and discuss what will be ultimate advantages after implementing of TQM system in the business. • Quality of goods • Provide quality of products • Reducing having costs of goods • Controls of price • Seeks opinions • Better Competition • Making products in our companies • Better helping to suppliers • Better provides facilities to our labors and suppliers • Better working