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For proper inventory control standardization of materials and products as well as simplification of the production line is necessary standardization refers to limiting of a production line to define types sizes and characteristics which are considered to be standard by which a comparison on evaluation can be made. Specification for components should also be fixed. it will ensure the quality or products manufactures. Simplification in inventories refers to the elimination of excess types and sizes of items. It leads to reduction in inventories and carrying cost.
RQ1 What role should external factors of demand play in successful business models? NOTE: first fully define the role and then analyze or discuss. At least 4 paragraphs. RQ2 What i
Management is Really useful for decesion making if your statement is true then comment !how?
QUESTION The term ‘globalisation' means integration of economies and societies through cross country flows of information, ideas, technologies, goods, services, capital, financ
For an organisation that you know well (e.g., the organisation, where you are currently employed or for which you worked in the past), using the relevant concepts, theories and mod
QUESTION Security Risk Management is a systematic process for determining the likelihood of various security attacks and for identifying the actions needed to prevent or otherw
Question 1: (a) Explain the importance of good communication in your organisation or in any organisation of your choice. (b) Describe the major barriers to good communicati
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ADVANTAGES OF INTERNATIONAL TRADE
QUESTION Read the case study found on page 5 of the question paper and answer the questions below: (a) What are the impacts of implementing an E-Business strategy at Digilan
QUESTION 1 The manager of MTML is considering the possibility of entering the Mauritian Telecommunication Market, where there is only one firm operating, namely Mauritius Telec
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