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1. How is a standard time determined by time study?
Answer: The job is broken into well-defined short elements, which are then repeatedly timed by stopwatch, the worker's rate being simultaneously assessed. The average observed time is then multiplied by the rating and divided by the standard rating of 100, to obtain the basic time. To this, relaxation and contingency allowances are added to obtain the standard time.
Identifying and developing global leaders is a key concern for international companies. Compare and contrast the skills and context of the traditional / national manager with that
What are the basic controllable variables of a production planning problem? What are the four major costs? Discuss and explain each variable. Discus and explain each cost.
Assume you work for a small firm that developed a better and faster operating system for netbooks than Microsoft Windows. What strategy might the firm use to unseat Windows in this
What are the Chase demand strategies? Chase demand strategies: It is just the opposite of a level capacity strategy. The organisation frequently chases customer demand an
Which is the marketing research term for the specific, measurable goals the decision maker seeks to achieve in conducting the marketing research? Research risks Research obje
Consider the table below. This time, the historical profitability of eight locations is listed in the table. Devise a regression equation and predict the profitability of a new sit
Discuss sociotechnical systems theory and contrast it with the open systems theories of organization development?
1 Insurance products are services. Describe Progressive Insurance's products in terms of the four characteristics of services. How does Progressive deliver value to its customers?
Explain the three core principles of total quality
Which of the following competitive position of a firm is not as per ADL Matrix? (a) Dominant (b) Favourable (c) Difficult (d) Tenable
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