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How the job of industrial manager becomes more difficult?
However, the job of industrial Manager becomes still more difficult because of:
(i) Change in technology;
(ii) Change in market;
(iii) Change in feeling and attitude of people; and
(iv) Change in government regulations.
However industrial management involves all aspects of management, its peculiarity along with reference to the industry, makes this unique in its job content and characteristics.
The following payoff table provides profits based on various possible decision alternatices and various levels of demand at Amber Gardner's software firm
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A copy machine is always in one of two states, either working or broken. If it is working, there is a 70% chance that it will be working tomorrow. If it is broken, there is a 50% c
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Cost management processes are involved in estimating, budgeting and controlling costs so that the project can be completed within the approved budget.
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