Effective and efficient use of resources

Assignment Help Business Management
Reference no: EM131258368

Project management is designed to make effective and efficient use of resources. Most companies that adopt project management find it easier to under employ and schedule overtime them to over employ and either lay people off or drive up the overhead rate. A major electrical equipment manufacturer contends that the proper utilization of the project management concept, the majority of employees who leave the company through either termination or retirement do not have to be replaced. Is this rationale reasonable?

Reference no: EM131258368

Questions Cloud

Employee training and employee development : Describe the difference between employee training and employee development. Consider the Management by Inspiration video; explain how individual-centered career planning supports the organization's talent management. How did this impact or not im..
What are some of the uses to which labor standards are put : What are some of the uses to which labor standards are put? How would you classify the following job elements? Are they personal, fatigue, or delay?
Identifying the correct facts and applicable rules of law : Explain the differences between a manager-managed LLC and a member-managed LLC as provided in the default provisions in California with respect to (a) the right to manage the ordinary business of the LLC, and (b) the authority of the members and ..
How do you classify the time for a drill press operator : How do you classify the time for a drill press operator who is idle for a few minutes at the beginning of every job waiting for the setup person to complete the setup?
Effective and efficient use of resources : Project management is designed to make effective and efficient use of resources. Most companies that adopt project management find it easier to under employ and schedule overtime them to over employ and either lay people off or drive up the overhe..
Compute taxable income from her bookstore activity : In 2016, Wilma Way's sole proprietorship, WW Bookstore, generated $120,000 net profit. In additon, Wilma recognized a $17,000 gain on the sale of business furniture and shelving, all of which was recaptured as ordinary income. The business checking a..
Describe algorithms for updating the shortest path distance : Describe algorithms for updating the shortest path distances from node s to every other node if we add a new node (n + 1) and some arcs incident to this node.
For what range of output would bonham be superior : At what volume of output would the two locations have the same profit? - For what range of output would Bonham be superior (have higher profits)?
Identify the mismatched file headers to extensions : Write a report describing the procedures you need to follow to retrieve the evidence. Identify the mismatched file headers to extensions and discuss techniques you can apply to recover passwords from the protected files.

Reviews

Write a Review

Business Management Questions & Answers

  Compute the product cost per unit for each job using abc

Which costing systems more accurately assigns to jobs the cost of the resources consumed to produce them?

  Xplain how would you make material procurement decisions

The purchase orders are executed by the Purchasing Office, not by your subordinates. Explain how would you make material procurement decisions: Autocratic Decision / Consultation / Group Decision? Give reasons for your answer.

  Do you believe that a business owner should take a

do you believe that a business owner should take a utilitarian approach to making day to day business decisions? why or

  Development needs of employees

1. Describe some methods of assessing the development needs of employees and their advantages and disadvantages. 2. Why is it important to formally evaluate and measure recruiting? What are some factors that can be used to evaluate recruiting?

  Describe the proper procedures and policies

Describe the proper procedures and policies that would be implemented specific to the DR team personnel as well as special equipment that would be required

  Consider alternative currency scenarios

Now, please consider alternative currency scenarios. Assume that the interest rates change and therefore the exchange rates vary ($, Y, DM and BP). Analyze the cases for the DM, Yen and $ currencies separately. In particular, calculate what the pr..

  Surf the internet on cloud computing

Surf the Internet on Cloud computing and find at least five websites on Cloud computing and develop a set of 10 slides (as mentioned below).

  Developmental histories of different types of delinquents

Moffitt focuses on the importance of the developmental histories of different types of delinquents. Thinking about her work and what it says about the nature of delinquency, answer the following questions:

  Explain with a bounded rationality and incomplete view

Explain with a bounded rationality and incomplete view of the world and our communication and decision making ability

  The intermountain way to positively impact costs

The Intermountain Way to Positively Impact Costs

  Gaining different perspectives allow organizations

Likewise, gaining different perspectives allow organizations to reevaluate organizational norms on a more consistent basis. Brown (2011) stated only the more healthy organizations allow their members to challenge their norms. Shifts in paradigms o..

  Electronics industry than another

Is there one location in Kenya that is more suitable for the electronics industry than another?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd