1. This theory is concerned on how to increase production efficiency to lower costs, raise profits, increase workers’ pay through increased productivity. 2. This is looking ahead by arranging a scheme for doing a project. 3. It pertains to the evaluation of the goods or services and assessing the packaging materials and salability of products.
1. This theory is concerned on how to increase production efficiency to lower costs, raise profits, increase workers’ pay through increased productivity.
2. This is looking ahead by arranging a scheme for doing a project.
3. It pertains to the evaluation of the goods or services and assessing the packaging materials and salability of products.
4. These are the probable problems that an entrepreneur faces.
5. This approach is recommended by the Quantitative Management Theory to manage problems.
6. A management theory that the quality and quantity of work are affected by conditions workers are exposed to on and off the job.
7. It is about the process of acquiring and using human, fiscal, and material resources effectively to produce goods and services needed by people.
8. It refers to the obstacles that may prevent the business from attaining its financial target.
9. Keenly observe their environment for ideas that can be turned into profit.
10. This is defined by the continuous movement of items through the production process.
Step by step
Solved in 3 steps