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Explain Different types of Decisions.
Different types of Decisions: Decisions may be of various types. Several of the significant types of managerial decisions are explained here:-
(i) Programmed and Non-Programmed decisions
(ii) Major and Minor Decisions
(iii) Routine and Strategic Decisions
(iv) Organizational and Personal decisions
(v) Individual and Group decisions
(vi) Policy and Operative decisions
(vii) Long-term, Departmental and Non-Economic decisions
(viii) Non-economic decisions concern to factors such as technical values and moral behaviours.
Explain the concepts of lean production. Describe its relation to Six Sigma. Please provide examples of the pros and cons for linking them.
Public and Private Service Sector - Education 1. Life long learning; increased personal cost 2. Increase in competency/vocational qualifications 3. Global study on the
Why is basic instruction valuable? When should it be used?
What is Diversification? Ans: Diversification is guiding activities into different lines of business.
Features of group insurance: lower expenses
Under what conditions are customer-centric structures appropriate and what challenges does this type of organization structure face and why?
Q. What software applications can support inbound logistics? The following software applications can support inbound logistics: Bar coding for the receipt, movement and
Explain main considerations while designing the organisation structure. While designing the organisation structure, there are two major considerations: - Differentiation an
what is product interval time product duration?
1) characterize the long run equilibrium of a perfectly competitive industry in which average costs are U-shaped as output increases, under both restricted and free entry. b)Discus
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