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What is industrial mnagement? Explain.
Industrial Management: Industrial Management includes guidance, leadership and control or efforts of a group of individuals toward several common objectives of the industry.
Develop an idea for a new business and conduct a feasibility analysis. Please be as creative as you like in the development of your idea (but as careful as you can be in your analy
Fatigue is a major safety concern in the aviation industry. How does safety management address fatigue issues yet accomplish the job without incurring more costs in the company. We
What are organizational and personal decisions? A way makes organizational decisions in the capacity of a company officer. These decisions reflect the fundamental policy of the
What is modern management theory because are we not just working from the Scientific Management Theories of the 40s and 50? so what is more modern?
Explain Line Balancing. Line Balancing: It means balancing the line between the product lines or assembly lines. This aims at grouping facilities and workers in an efficient
Explain effects of indiscipline. Effects of Indiscipline: The indiscipline in industry brings in exact adverse effects. These are as given here:- a) Increase in the give
What are the advantages of using single sourcing strategies? Advantages of using Single sourcing: a. Simple to keep relations along with only one supplier b. Simple to
Credibility - Customer Satisfaction and Service Quality Involves trustworthiness, believability and honesty. It involves having the customer's best interests at heart. Contrib
What are the classified different stock items? The ABC system of inventory management Various stock items are classified as like: a. High value (A) b. Medium value (B
Why is forecasting important in organizations, especially as related to understanding the relevant time horizon to develop a forecast against? What are some examples from industry?
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