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Why do you think it's difficult to understand some of the basic cost terms in this chapter? Why aren't many technical people interested in cost-related subjects? What could be done to change this? 2. Suppose you were asked to prepare a cost estimate for a project to purchase laptops for all faculty and staff at your college or university. How would you start? How long would it take you to prepare a good estimate? What type of estimate would you prepare, and what approach would you use to develop a cost estimate? 3. What can organizations do to ensure that estimates are good? What can they do to prevent cost overruns? 4. Provide examples of the cost of quality based on your own personal experiences. 5. Do you think that people accept poor quality in information technology projects and products in exchange for faster innovation? What other reasons might there be for such poor quality? 6. Do you think Six Sigma is another quality management fad? Please explain your position.
Management believes they can increase the price per chair by 10 percent in this new situation and improve profits by 10 percent. However, the sales department cautions that the pri
what is cordination
Suppose you are the manager of an accounts receivable unit in a large company. You are switching to a new system of billing and record-keeping and need to train your three supervis
(a) Supply chain management is the integration of the activities that procure materials and services, transform them into intermediate goods and the final product, and deliver the
Do results from the survey illustrate typical complaints about teams and specifically about team incentive rewards?
Give an example of ethical leadership. What are the characteristics of ethical leadership? And why do you think ethical leadership is important.
Explain to a new project manager how you ensure that all steps in project completion have been finalized
A furniture manufacturer produces tables and chairs. Each table and chair must be made entirely out of oak or entirely out of pine. A total of 150 board feet of oak and 210 board f
What are the different levels of diversification firms can purpsue by using different corporate level strategies and what are the advantages to diversifying their operations?
Kim was in a financial bind. Just last year, she had purchased a personal plane and an exclusive home that housed the plane in its garage. The total costs were $1 million and Kim's
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