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Explain Improving Productivity.
Improving Productivity: The production essence is creation of goods, may be by the transformation of raw materials or through assembling various small parts. The four factors of production are as land, capital and Enterprise (Management) and labour.
Management brings together land, labour and capital for production of input in output. Management organizes some three factors of production in an operating unit. With equitable and efficient combination of the right kind of factors of production, management can raise productivity.
Market segmentation stresses _____ and relating needs and benefits to specific marketing actions. grouping people randomly in a market market sectioning grouping people ac
Merk, Inc., produces electronics component on an assembly line. The standard cost for the component is $105 (labor $15, materials $60, and other costs $30). The sellings price is $
In your own organisation find an example where break-even analysis is/could be applied.
1) Company A wants to discourage unionization through the United Technical Workers of America. True or False: In order to do so, it can initiate an organizing campaign for the Tech
Rocky Mountain Tire Center sells 20,000 go-cart tires per year. The ordering cost for each order is $40, and the holding cost is 20% of the purchase price of the tires per year. Th
Why do you think many managers are surprised by environmental changes and hence are less able to help their organizations adapt?
2. You have been assigned to make a long-term sourcing decision for a raw material you will purchase. There is only one supplier of this raw material. You estimate that you need 60
Discuss the evolution of leadership theory from "Trait Theory" to "Behaviour Theory" to "Contingency Theory "Give an example of contemporary Leadership Theory.
Finite Loading and Infinite Loading Finite Loading Loading procedures are categorized as either finite loading or infinite loading. In finite loading jobs are assigned t
What are the characteristics of just in time philosophy? Characteristics of JIT philosophy: a. Closer relations along with suppliers maintained b. Smaller and extra fr
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