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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.
what is meant by routing?
Question: "Although there may be general agreement from time to time on what constitutes best management practice, the theoretical ingredients will tend to vary. Management th
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Understand the concept of leadership and management, and demonstrate sound knowledge and understanding of the concepts, theories and disciplines which underpin business and managem
what is the span of control of the financial manager
Question: XYZ is a small organization producing. canned Tuna fish.Work is allocated into teams of 6 to 8 people. Some groups specialize in canning, some in design, some in mar
Hello, I have an assignment I need to complete in the next 6 weeks and want to know how your service works? It is 1 of 2 modules I require to complete my studies. Can you please a
The events of 9/11 and the subsequent implementation of a number of unilateral and joint border security policies have resulted in an increase in cost of cross border trade between
How is sales forecasting affected in marketing management? Sales Forecasting: Forecasting is fundamentally the art of anticipating that buyers are probable to do under a
QUESTION ‘Several developing countries have joined one regional integration group or another with the hope of addressing common problems in a collective and coordinated manner.
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