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Q. Feed-forward control - prevention rather than cure?
Feed-forward control would be a system that in a pre-emptive way, reacts to changes in its environment, normally to maintain some kind of desired state. Feed-forward control systems react to future performance expected e.g. make control adjustments, before adverse conditions expected do occur.
HOW DO I GET THE PERFROMANCE PYRAMID FOR IT
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Three ways of sustaining competitive benefit are? Ans) differentiation, Price-based strategies and lock-in
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You are considering shortly opening a copier serving center near a university. Your estimate of fixed cost is at $15,000 a year and the variable cost for every copy made is $0.01.
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1. Unions quite frequently oppose the time study because the accuracy of time study is overly dependent upon the skill and judgment of the time study man. The time
a) Use appropriate tools to examine the affects of present business plans. b) Review the position of an organization in its present market. c) Measure the competitive strengths
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