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What do you mean by fixed costs?
Fixed Cost:
Cost may be described as the amount of expenditure incurred upon, or attributable to a specified thing. Fixed costs are such costs that tend to remain constant irrespective of the volume of output or sales. Illustrations of fixed costs as given below: staff salaries, administration expenses, rent and establishment charges as well as depreciation.
How are the management skills required for a successful manager? Management Skills: The skills needed of a successful manager, while he is working into a industry,
What are the contents of project planning document? Contents of a PPD (project planning document): a. Project resource plans b. Quality control and quality policies proce
Illustrate the division of work in Economics? Division of Work (or Labour): It s a famous principle of Economics, invented through the traditional economist as defined by
BARRIERS TO IMPLEMENTING TQM: The implementation of TQM in library organisations provides an opportunity to update and enhance the abilities of the staff to work effectively,
Advantages of Procedures 1) Procedures enhance efficiency. The sequence of steps for any operation have been laid out in advance and one only needs to follow the analysis to proc
COMPONENTS OF PARTICIPATIVE MANAGEMENT: The involvement of staff in the decision making process of the organization and having increased awareness of the organization's purpos
Program Manager Roles The following is the role of the Program manager: Responsible for meeting customer requirements. Manage risk. Deliver the program, the p
What is communication in organisation? Communication: An organisation structure gives channels for the flow of information on that the decisions of the organisation will
Objectives of ISO 9000 The basic objectives of ISO 9000are : 1. To facilitate international trade of goods and services. 2. To obtain competitiveness by obtaining
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