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Components of Strategy
Strategy has four basic components:Scope: which refers to the position the firm wants to have in relation to its environment.
Resource deployment indicates how the organization intends to allocate resources.
Competitive advantage is the specification of what advantage(s) the firm holds relative to competitors and
Synergy is the extent to which various businesses within the firm can expect to draw on one another.
Q. Why do I need project management? One more way of asking this question is What if I do not bother with project management? The reality is all projects demand some extent of
DF Company, a relatively new company, is in the business of designing and building farm equipment and machinery. Whilst it has been winning in its first few years of operation, sal
Limitations of Group Technology or Cellular Manufacturing Group Technology is a great concept. But all good concepts do have their own limitations and need proper care in their
S Company has been awarded the contract for the refurbishment of a local hotel. The overall timescale for the project has been agreed at 30 weeks (a high fast completion for this s
Total Quality Management (TQM) is a business management strategy aimed at embedding awareness of quality in all organizational processes. TQM has been widely used in manufacturing,
Project control processes cannot be overemphasised in their significance to the success of a project. The project manager must continually take a pro-active approach in controlling
Determine the critical path by activities and duration. Activity Duration (Wks) Preceded by A 5 -
Q. How do I organize and apply resources? A. The first moreover most important step in the implementation phase is to re-visit the project plan (or the project brief) and to
Tools and Techniques of Layout Planning - Templates Templates are most commonly employed when preparing layouts. Templates are two dimensional (2D) or block templates consist
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