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Explain the term Open book management in shortly.
Open book management:
The practice of sharing financial and performance information is frequently considered to as open book management. This is larger than many human resource practices as this combines a number of practices as like profit sharing, employ of bonus, training workers to understand the business. This management generally combines generous bonuses beyond competitive base pay for broad groups of workers while the firm’s goal is attained.
What is Conditional Probability? Two events A and B are said to be dependent when B can occur only when A is known to have occurred (or vice versa). The probability attached
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Various approaches by FMCG companies ..
Q : Regress widget sales on time and add the (a) line, (b) linear equation and (c) R 2 (variance explained) to the graph you created in Q3. Please explain the meaning of each.
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