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The major environmental pressures are summarized as the three Cs Customers competition and change.
1. Customers today known what they want what they are willing to pay and how to get products and services on their own terms.
2. Competition is continuously increasing with respect to price quality selection service and promptness of delivery. Removal of trade barriers increased international cooperation and the creation of technological innovations cause competition to intensify.
3. Change continues to occur. Markets products services technology the business environment and people keep changing frequently in an unpredictable and significant manner.
define placement and its importance
JIT is a Japanese production management philosophy which has been applied in practice since the early 1970s in many Japanese manufacturing organizations. There are strong
According to perter F. Drucker Reengineering is new and it has to be done. The tasks experts agree upon to successfully perform BPR can be grouped into seven steps or p
Define Channel System
Production Process in a Company Depicted below is the production process flow for company with timing requirement for set ups and related processes to take place for all the
Most air travelers now use e-tickets. Electronic ticketing permits passengers to not worry about a paper ticket, and it costs the airline companies less to handle than paper ticket
Safety programme In very case of work connected injury there must be some degree of hazarded and unsafe or otherwise faulty behaviour. Therefore in every plant small or
In general light shades for coloring surfaces are recommended in factories. However for the sake of contrast machine with moving parts should be painted dark ( preferably re
In the figure above the vertical deviations of the individual points from the line are shown as the short vertical lines joining the points to the least squares line. These
QUESTION 1 (a) What are the management functions? (b) What are the key managerial roles according to Mintzberg? (c) Briefly explain the main managerial skills required
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