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What are functions are included for the Industrial Manager?
The Industrial Manager is included in the illustrated functions as follows: a. design products which will find acceptance into competitive markets; b. devise processes of producing that products efficiently; c. explore reliable sources for acquiring materials and supplies; d. attract funds; e. Build plants, train the recruit employees along with an extensive variety of talents. f. devise systems for coordinated attempts; and g. Motivate confidence and activate whole the resources or facilities in a viable going concern.
QUESTION 1 According to the instrumentality theory of motivation, money is the main motivating factor at work. This can explain the existence of performance related pay in many
Organisational Planning tool a) Opportunity cost refers cost calculated in terms of the next best alternative choice that is predetermined when a decision is made. In this case
- This is a project in which you have to create a business plan. The aim for the creation and development of a business plan is to ensure that all critical parts of a new company o
INFORMATION SYSTEM FOR BUSINESS OPERATION.
a) Students will require to carry out a full quantitative investment appraisal: Project HK Project UK Payback 2 yea
QUESTION (a) Business meetings vary in their type, purpose and style and the need to run effective meetings is nowadays more intense than ever. Describe the different types of
What is product development? Product Development: Product Development is an activity that comprises design and its redesign and fabrication of modified or new product and
Take examples of some common service-oriented industries. For example, consider a commercial airline company and a company in the hotel business. For both these companies: De
1. Wage ratios must lie in between the inter-country productivity ratios. 2. Large countries are always less specialized. 3. Low wage countries have bigger gains from trade.
Quality is the performance of the product as per the commitment made by producer to the customer. It is the degree of excellence at an acceptable price and the control of v
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