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Functions of work Measurement:
1. To analyze the operations and to evaluate them in terms of time from the point of view of controlling the activity.
2. To control machine and labor utilization after assessing to plant capacity accurately.
3. To standardize the working conditions for an efficient operation.
4. To standardize the standard of performance which ultimately form the basis of the wage payment to the direct labor?
Identifying and developing global leaders is a key concern for international companies. Compare and contrast the skills and context of the traditional / national manager with that
Aman work at the Bank, to help customers, including retired people, to plan for the future. Often the value of pensions does not keep up with inflation. Hence retired people requ
Factors for plant Location choice - Suitability of Climate The climate has its own importance in the location of a plant because of two reasons. First there are certain indust
Katie is a 17-year-old (a minor) who graduated from high school two months ago. In August, she started attending a university 150 miles from home and has contracted to rent an apar
w What steps can an organisation take to increase the motivational force for high levels of performance?
1. How do we link strategic and operational change? Answer: Hambrick and Cannella present a 5-step approach: 1. obtain broad inputs at the formulation stage 2. assess o
A PAPER MILL PRODUCES TWO GRADES OF PAPER VIZ., X AND Y. BECAUSE OF RAW MATERIAL RESTRICTIONS, IT CANNOT PRODUCE MORE THAN 400 TONS OF GRADE X PAPER AND 300 TONS OF GRADE Y PAPER I
>>Why are isoquants negatively-sloped? Along a single isoquant, the firm can substitute the use of one input for another while holding the total level of output constant Beca
What is flexibility?
If a corporation doubles the number of exposure units, what may be said to happen to the degree of objective risk? Explain your answer and state the basic principle illustrated.
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