21 Jan Submit a meaningful reply of 350-400 words to a classmates thread. For each reply, reference the textbooks, at least 2 journal
Submit a meaningful reply of 350-400 words to a classmate’s thread. For each reply, reference the textbooks, at least 2 journal articles, and the correlated thread. Opinion is worth little unless it is supported by quotes and/or paraphrases from the textbooks and professional journals. Adhere to current APA format in all posts. Include Biblical integration in the analysis of each peer’s post.
The automobile company, Subaru, is known for it’s famous advertisement “Love. It’s what makes Subaru a Subaru.” This company appeals to those who are adventurous and outdoorsy and value that their vehicle is powerful, effective, and unpretentious. Critical success factors are “high-level goals that your organization must meet in order to achieve your strategic objectives.” (Martins, 2021) The critical success factors for any specific company is extremely important and results in creating value and positive income for the organization. Subaru has obtained a critical success value by creating the adventurous and outdoorsy brand compared to its competitors. This type is more specifically called the competitive critical success factor and is “impacted by what your competitors are doing, and how their success or failure impacts your organization.” (Martins, 2021)
There are 13 contemporary management techniques including the balanced scorecard and strategy map, business analytics, life-cycle costing, benchmarking, and more. The contemporary management technique that would be a positive force in helping Subaru as a company in the automobile industry achieve its competitive critical success factor of being the outdoorsy, efficient brand is total quality management. Total quality management “is a method by which management develops policies and practices to ensure that the firm’s products and services exceed customers’ expectations.” (Blocher, Stout, & Smith, 2021) By utilizing this contemporary management technique, Subaru can overall increase product functionality, reliability, durability, and serviceability. By keeping their vehicles up to the standards of their consumers, Subaru will be able to be one step ahead of their competitors. There are seven principles of total quality management which include, customer first, employee ownership, process-based, system integration, communication, data-driven, and constant improvement. These work together as a framework for the decisions made with this contemporary management technique and can provide long-term success to Subaru since it establishes unparalleled customer satisfaction by providing quality vehicles to their cunsumers. (Watts, 2020)
Recently, in an article posted in July, 2021, it has been brought to the attention of many Subaru owners that there has been some pricey repair issues, specifically its CVT transmission and some engine problems. This is a huge downfall for the Subaru brand, which values efficiency, reliability, and affordability above all else. On the other hand, in a 2019 study conducted by J.D. Power, it was discovered that Subaru was the top auto brand with the most loyal following, with a 61.5% loyalty rating. (Us, 2021) Because of this, Subaru has the ability to recover from the vehicle problems that are recently degrading their brand name by utilizing total quality management. This ensures that Subaru, in the future, will continue to produce vehicles that are safe and reliable.
Luke 16:10 says that “One who is faithful in a very little is also faithful in much, and one who is dishonest in a very little is also dishonest in much.” (English Standard Bible, 2001) Subaru will be able to recover from their maintenance issues through the use of this contemporary management technique and achieve its critical success factor of the outdoorsy brand. This will also be accomplished thanks to their high loyalty rating.
References
Blocher, E. J., Stout, D., & Smith, S. (2021). Cost Management: A strategic Emphasis, (9th edition). Boston, MA: McGraw-Hill. ISBN: 9781307687811
English Standard Bible. (2016). https://esv.literalword.com/ (Original work published 2001)
Martins, J. (2021, June 18). What are Critical Success Factors (CSF) in Project Management? • Asana. Asana. https://asana.com/resources/critical-success-factors
Us, O. (2021, July 8). Subaru Engine Problems You Should Know About | The olive® Buyer’s Guide. Cover It. Olive It.®. https://olive.com/subaru-engine-problems-you-should-know-about-if-youre-shopping-for-a-used-one/
Watts, S. (2020, February 18). What is TQM? Total Quality Management Explained. BMC Blogs. https://www.bmc.com/blogs/tqm-total-quality-management/
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Criteria Ratings Points
Management Technique
4 to >3.0 pts
Advanced
Thread clearly specifies the company, the industry, and the management technique to be analyzed
3 to >2.0 pts
Proficient
Thread clearly specifies the company and industry but not the technique
2 to >0.0 pts
Developing
Company identified but not the industry
0 pts
Not Present
4 pts
Evaluation Appropriateness of Technique
12 to >10.0 pts
Advanced
Technique appropriate for company, description developed and includes adequate details detailed correlation between technique and company
10 to >9.0 pts
Proficient
Technique described but not in a detailed manner. Few details and no correlation
9 to >0.0 pts
Developing
Technique identified but no detail as how it applies to company
0 pts
Not Present
12 pts
Synthesis Positive Force of Technique
12 to >10.0 pts
Advanced
Thread describes how the technique selected will be a positive force for the company and provides appropriate examples. One or two examples provided
10 to >9.0 pts
Proficient
Description of impact of technique to company but incorrect examples
9 to >0.0 pts
Developing
Description of impact of technique to company but no examples
0 pts
Not Present
12 pts
Originality Overall Content
28 to >25.0 pts
Advanced
Thread conforms to the instructions. Content is well developed. Included originality of thought. Paragraph structure and flow is excellent. Analysis of the technique selected is provided. Questions are answered thoroughly and supported using substantial research data
25 to >23.0 pts
Proficient
Thread conforms to the instructions. Content is developed but lacks originality of thought. Too many direct quotations. Paragraph structure and flow is excellent. Analysis of the technique selected is provided. Minimal research sources used
23 to >0.0 pts
Developing
Content is organized based mainly on text little collaborating research data
0 pts
Not Present
28 pts
Discussion: Cost Management, Strategy, Technique Grading Rubric | BUSI601_B05_202220
Criteria Ratings Points
Replies: New Information
10 to >9.0 pts
Advanced
Reply introduces new and relevant information to the discussion of management technique
9 to >7.0 pts
Proficient
Introduces new information with little relevance management techniques
7 to >0.0 pts
Developing
Introduces new information with no relevance to management technique
0 pts
Not Present
10 pts
Replies: Evaluation Research support and originality
30 to >27.0 pts
Advanced
Synthesis of research data Reply is well supported with the referenced sources and expounds on discussion of technique
27 to >24.0 pts
Proficient
Minimum analysis of researched data Reply minimally referenced with research sources
24 to >0.0 pts
Developing
Researched provided but no analysis of information
0 pts
Not Present
30 pts
Thread: Grammar, Spelling and APA formatting
13 to >11.0 pts
Advanced
No grammar or spelling errors
11 to >10.0 pts
Proficient
Only one minor error and 1 APA error
10 to >0.0 pts
Developing
Two grammar errors and at least 2 APA errors
0 pts
Not Present
13 pts
Thread: Text and Journal Support
11 to >10.0 pts
Advanced
Thread contains appropriate word count and content supported with text and relevant scholarly research data
10 to >9.0 pts
Proficient
Thread contains appropriate word count and content not supported with text and relevant scholarly research data
9 to >0.0 pts
Developing
Thread had irrelevant scholarly sources and unsubstantiated opinion statements
0 pts
Not Present
11 pts
Replies: Grammar/Spelling and APA formatting
20 to >17.0 pts
Advanced
No grammar or spelling errors
17 to >16.0 pts
Proficient
Only one minor error and 1 APA error
16 to >0.0 pts
Developing
Two grammar errors and at least 2 APA errors
0 pts
Not Present
20 pts
Discussion: Cost Management, Strategy, Technique Grading Rubric | BUSI601_B05_202220
Criteria Ratings Points
Replies: Text and Journal Support
10 to >9.0 pts
Advanced
Thread contains appropriate word count and content supported with text and relevant scholarly research data
9 to >7.0 pts
Proficient
Thread contains appropriate word count and content not supported with text and relevant scholarly research data
7 to >0.0 pts
Developing
Thread had irrelevant scholarly sources and unsubstantiated opinion statements
0 pts
Not Present
10 pts
Total Points: 150
Discussion: Cost Management, Strategy, Technique Grading Rubric | BUSI601_B05_202220
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