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Management Responsibility a. The quality policy shall be defined documented understood implemented and maintained. b. Responsibilities and authorities for all personn
What is the important role of planning in the management? Planning: Planning can be described as deciding in advance regarding the goals to be pursued through the enterpris
Q. Market Testing and Commercialization? The new products are tested in the markets on four parameters: trial, first purchase, adoption, frequency and volume. This test mar
Roles of Management Management roles have been grouped into three major groups: 1) Interpersonal roles: which involves the manager collecting and disseminating informati
Benchmarking is the practice of identifying studying and building upon the best practices in the industry or in the world. Dynamic companies are constantly monitoring informati
Risk Management Responsibilities Each and every person in the project team has a responsibility of performing a particular task and must indulge in risk management process. T
Quality Standards Quality Standards form a framework that helps organisations worldwide to develop products and services in the most efficient way. A quality Standard is a norm
Define the concept of Program Management Process As we learnt in the previous section Program?s process depends mostly on the characteristics of the product/service offered by
o Is the business problem that the project addresses clearly defined? o Is the list of stakeholders (ie people affected) by the project complete and correct? o Is the scope o
Question 1: (a) There are clear messages given to managers as far as how should rewards be. Elaborate on these messages. (b) Illustrating your answer with relevant examples,
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