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What do you mean by variable costs?
Variable costs conversely, tend to vary directly along with the volume of output. Illustrations of variable cost are as given below: direct production labour cost, direct materials cost and direct expenses.
R educe inspection cost by acceptance planning In few cases where there are number of methods, available to protect the supplier and the customer from poor quality, it so happ
QUESTION Risk is inherent to all projects. With increasing market competition, technology and globalisation, risk management is continuously gaining wider acceptance and import
When is an employer not liable to pay compensation to an employee? Compensation: An employer is not liable to pay compensation to an employee under the given circumstanc
o Is the business problem that the project addresses clearly defined? o Is the list of stakeholders (ie people affected) by the project complete and correct? o Is the scope o
The customer feedback and employee feedback mechanisms are the essential requirements to create customer oriented quality culture. These feedback mechanisms perspectives an ac
A strategy for project implementation Projects involving small number of activities, resources, constraints and inter-relationship can be visualized easily by the human m
Explain about the Break Even Analysis. Break Even Analysis: Break even Analysis means that at some point within the operations, total revenue equivalent to total cost. Break ev
Solution-if I am the owner of the three coffee shops within a 50 mile radius, then I would adopt a de-centralized management model having self directed teams. This will help me in
assignment of associated technology co.
Total Quality Management is a philosophy gradually evolved from the management theories such as Management by objective quality circles strategic planning etc. To understand t
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