How would company founders and managers treat each statement below? Would they consider them true or false? Tick the selected answer.

1. Increasing our efficiency means that we must achieve a better result bearing less
   financial expenses.
   □ TRUE □ FALSE
2. We should not allow for the downtime in relation to equipment or people in order to
   do the job quickly.
   □ TRUE □ FALSE
3. To reduce the time of product (service) production, everyone should work harder in
   their position to do the job faster.
   □ TRUE □ FALSE
4. We need to put great emphasis on timely completion of work by each of our
   specialists and suppliers.
   □ TRUE □ FALSE
5. Creating a long-term planning system for material and technical needs will
   significantly reduce the lead time.
   □ TRUE □ FALSE
6. Since we can order some components in large quantities, we should search for
   suppliers that offer discounts for large orders.
   □ TRUE □ FALSE
7. We need to encourage customers to buy products in large quantities, setting discounts
   for large batches.
   □ TRUE □ FALSE
8. You can reduce the lead time by dividing all the work into separate functions (a
   single-function specialist does his job faster than a “multi-tasking” employee).
   □ TRUE □ FALSE
9. The reason for reducing the lead time is that we can charge our customers extra
   money for urgent work.
   □ TRUE □ FALSE
10. The main obstacle to introduction of new management methods (including QRM) is
    the need for significant investments in technology.
    □ TRUE □ FALSE