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What do you mean by variable costs?
Variable costs conversely, tend to vary directly along with the volume of output. Illustrations of variable cost are as given below: direct production labour cost, direct materials cost and direct expenses.
Q. What do project managers do? First of all project managers have to take responsibility for leading the project effort towards the stated and agreed upon goals and objective
briefly explain turn key contract?
Explain about the term management in brief. Management in words of LAWRENCE APPLEY: “Management is the accomplishment of outcomes by the efforts of many other people”.
Advantages of Product Layout - Low Work in Progress Since production is carried on in a pre arranged continuous sequence, the stock of work in progress of materials in transit
Disadvantages of FMS Limited ability to adapt to changes in product Substantial preplanning and capital Tooling and fixture requirements
Discuss the considerations that management should take into account in determining the design of an accounting system which will satisfy both (i) its own information requirement
Contract process cycle Contract process goes through the following stages to complete the contract documentation cycle: Pre tender documentation stage. Approval
Consider the organisation which employs you or where you study. What is the culture of this organisation? Why does this have that exacting culture? What organisational culture woul
Benefits from Quality Efforts The benefit obtained from quality is creation of more efficient and effective operations. It helps to increase the customer satisfaction and their
What are the examples of conformance management systems? Examples of conformance management systems: a. Staff training b. Specific instructions communicated c. Ordinar
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