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Backward Integration
A strategy in which an organization builds competitive benefits by controlling the provider of the raw materials needed to make its products.
Managerial function of organizing Organizing is the process of grouping activities and resources in a logical and appropriate manner. Because of the changes that take place wit
Purpose of Automated Storage and Retrieval Systems The main purposes of installing ASRS are as follows: 1. Increase Storage Capacity : ASRS ordinarily increase the stora
Problem 1: Is closing of a clinical trial as important as initiation? Justify your answer with suitable examples. Difference between closing of a clinical trial and initi
Question: (a) "TQM requires the whole organization to adopt the culture of quality. In a TQM organization quality will dictate the decisions, tasks and processes." In the lig
Product Based Layout Also called the straight line layout or layout for serialized manufacture, product layout involves the arrangement of machines in one line depending upon
What do you mean by post completion report? The post completion (PC) report: This report would be created at the closing or finish stage of a project. Post completion rep
What are the methods used to performance appraisal of workers? The methods used within performance appraisal of workers are ranking method, Paired Comparison Technique, Forced
Question: (a) An internal audit program (or schedule ) is prepared taking into consideration ‘the status and importance of the various processes and areas.' With reference to
How is Economic Order Quantity depended on costs? Economic Order Quantity depends on two costs as illustrated below: - Inventory procurement costs that consist of expenditur
Question 1: (a) There are clear messages given to managers as far as how should rewards be. Elaborate on these messages. (b) Illustrating your answer with relevant examples,
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