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What is work study as a management tool?
Work Study as a Management Tool:
Work study investigates the work completed in an organization and this aims at finding the best and most efficient way of using available resources; Work study is a generic term for those techniques mainly ‘method study’ and ‘work measurement’. As a management tool, work study is utilized for examination of human work within all its contents. It, in turn, leads systematically to the investigation of all factors that affect the efficiency of the situation being reviewed, so as to seek developments.
? A) Concentrating on a particular feature of a product or service to attain differentiation ? B) Concentrating on differentiation as the primary means of achieving competitive
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What are the restrictions of budget? Restrictions of budget: a. As budget is based onto estimates, which is, estimated sales, costs, business circumstances, many more. it
QUESTION (a) Mr. Bob is the director of ABC Co. Ltd, a shoe making company. Mr. Bob wants to change the business activities of the company to carry out leasing activities. He s
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Maintenance is a costly activity. It is one of the sizeable indirect costs that enter in to manufacturing and hence it should be given considerable attention by the operations
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