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Components of Strategy
Strategy has four basic components:Scope: which refers to the position the firm wants to have in relation to its environment.
Resource deployment indicates how the organization intends to allocate resources.
Competitive advantage is the specification of what advantage(s) the firm holds relative to competitors and
Synergy is the extent to which various businesses within the firm can expect to draw on one another.
ELEMENTS OF TOTAL QUALITY MANAGEMENT (TQM): The philosophy of Total Quality Management is based on understanding customer needs and improving customer service and satisfaction
Define project planning and processes
Materials Management as an Operating Function : In small scale industries generally the function of materials management is considered subordinate to the production func
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
Benchmarking is the practice of identifying studying and building upon the best practices in the industry or in the world. Dynamic companies are constantly monitoring informati
Question 1: (a) What are the factors that you would consider to determine the causes of Equipment failures during its life cycle? (b) Explain clearly the failure patter
At what point into the project lifecycle must the business case be prepared? The short respond to this is ‘before any exact work has been completed and before main resources ar
A highly sensitive device used to measure electricity activity in the brain is required to have a variance in measurements not exceeding 0.0001 volts^2. if the variance exceeds thi
how to perform decision tree analysis for case study of transformation replacement..
Problem 1: a) What is the role of strategy in project management? b Explain the importance of aligning H.R projects with the organizational strategy. c) What are the impa
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