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The inventory includes stocks of raw materials semi finished goods finished and components etc, of several description. In order to facilitate prompt recording locating and dealing each item of inventory should be assigned a particular code for proper identification and then must be divided or sub divided in groups on any basis ( location nature of item plants etc) feasible. Special efforts should be made to establish an effective control of high value items. ABC analysis is very much helpful in this regard.
(a) Cultural diversity have to be preserved and promoted, as the lack of knowledge, appreciation and understanding of other cultures often cause conflict and hate between people. S
Managers are directly responsible for the success or failure of any organisation. Their main responsibility is to assist the organisation to achieve its objectives in an efficient
Safety Organization A safety organization consists of a systematic procedure by means of which interest is co rated and maintained and all safety activities are co relat
For proper inventory control standardization of materials and products as well as simplification of the production line is necessary standardization refers to limiting o
QUESTION The primary objective of external audit is to examine the financial statements of the organization and to give an opinion as to whether the financial statements are fr
Question 1: "To inspire confidence and trust leaders must have certain skills which could enable them to comply with Adair's principles" (a) What are the basic skills that
QUESTION (a) Describe the difference between informative and persuasive presentations and describe the key strategies for each of these types of presentations. (b) Why is it
How is understanding of human behavior important in the human resources? Understanding of Human Behavior: It is significant for any one dealing along with human resources. T
Nicholas Carr suggests that the "technology's potential for differentiating one company from the pack - its strategic potential - inexorably declines as it becomes accessible and a
Porter Five Forces of Professional Service Industry The analysis of industry can be done through porter five force models to analyze competitive position. In this industry, i
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