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There are tangible and intangible strategies that organizations can evaluate their system effectiveness on. Based on Tangible value, Revenue increase, Cost decrease---labour, material, Process improvement---fewer errors, faster cycle time, Strategic improvements---market share, brand awareness, employee engagement, and customer satisfaction Intangible value, Improvement in decision making, Communication, Compliance, Collaboration, Agility, and Organizational competency. What is the most important strategy to measure return value? What is the least important? Explain the perspective.
Christopher's Cranks uses a machine that is designed to produce 100 cranks per hour. The firm operates eight hours per day, five days per week. Due to operating constraints (regu
Existing salary for managers is 45,000 euros (58,567 US DOLLARS) PLUS BONUSES. AVERAGE SALARY FOR MANAGERS IN RANGE IS 60,000 EUROS (78,090), NO BONUSES. Recommendations must inclu
The defect rate for a product has historically been about 2.4%. What are the upper and lower control chart limits for a p-chart, if you wish to use a sample size of 100 and 3-sigma
Travel Charts and String Diagrams The use of travel charts has already been described under facility layout (see figure on page 140). A string diagram (see figure below) is us
Define the minimal long-term effect on the environment. Practices for minimal continuing effect onto the environment: a. Reduction within the use of toxic substances. b.
All of the following statements about profit sharing are true/ except/1.profit sharing plan reward staff based on organization profits/2.profit reward a person according to measure
You are a manager of a Consulting firm, with 25 employees under your supervision. Employee Motivation appears to be slipping as well as employee performance. Employees seem to have
Draw an organizational chart of the business school or college that you attend. Outline its major roles and functions. How differentiated is it? Do you think the distribution of au
Which business strategy below does the company Walmart's uses to go global? Elaborated going to China to do business... A) Global standardization strategy B) Localization str
Product management offers a host of dilemmas and challenges to marketers. What products will give us a competitive advantage? Are the new products we are considering in keeping wit
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