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FIVE ways in which an organisation might respond to variations in demand for its products.
Five ways are:-
Use of overtime working
Use of part-time or casual labour
Hiring and lay-offs
Shared employees
Developing a flexible workforce
Explain advantages of budgets. Advantages of Budgets: (i) Actions plans and policy taken are all reflected into the budgetary control system. Now here is a formal recognit
A client gives you a data set of 30 observed values that represent the number of gallons of gas that 30 individual Nissan Sentra owners purchased at the gas pump last month. Your c
The following table shows the activity details of a project. What the earliest the project can be completed? Activity Days Predecessor ctivities A 4 - B 5 - C 3 A D 5 A E
What are programmed decisions? Decisions made in accordance with several habit, rule or procedure are termed as Programmed Decisions.
Determine the price and quantity of toasters: There are 100 producers of toasters. Half of the producers are "low quality," i.e. their products will break with probability of
What is assuming by Theory X? Ans: Theory X assumes that a typical person dislikes work.
What are the primary or secondary activities in value chain analysis? Primary or secondary activities incur costs, but within combination along with other activities give custo
A fast-food restaurant buys hamburger buns from a national bakery supplier. The daily usage of buns at the restaurant is normally distributed with an average of 160 and standard de
Operations Management refers to those activities which are more or less directly concerned with the creation and delivery of goods and services. The course is intended to give you
Why do you think health care organizations are held accountable for ensuring the competence of their physicians and licensed independent practitioners?
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