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Choose the one correct answer
Which of the following activities should be reduced or eliminated in order that manufacturing efficiency increases?
A. Training of Laborers
B. Moving time of work-in process materials from one work station to another.
C. None of the above.
D. Amount of time consumed by a laborer to add new features to the product.
All are financial measures, except:
Reduction of past due accounts
Earnings per share
Market share
Revenue growth
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- In a form of phrase, give 7 Training and Development Policies on a Construction Firm in each: a.) Employees b.) OJT students/trainees In a form of phrase, give 7 necessary skills or importance that will be acquired by the employees on a Construction Firm from these various trainings: a.) Induction Training b.) Health and Safety Training c.) Corporate and Departmental Training6. Which of the following is not identified as a strategy common to many successful service providers? Close coordination between the marketing and operations a b. The exploitation of information to generate new business A project-oriented organizational structure d. Redirection of the strategic service vision inward to focus on employeesSuppose the military bureaucracy consistently misinforms Congress on the total costs of producing militaryhardware. Assume that it underestimates the actual costs and that the political representatives believethese estimates. Show how this is likely to cause a loss in efficiency. Show the efficient output of militaryhardware, the output desired by the military bureaucracy, and how the output chosen will differ from the efficient output even if Congress attempts toachieve efficiency. In your answer, assume that the military seeks to maximize the size of its budget.
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- 33 The business function is defined as "planning, organization, execution, coordination and control activities in order to bring together the materials, machinery and human resources in the hands of the enterprise in a way that will ensure that a certain amount of goods or services are produced at the desired quality, at the desired time and at the lowest possible cost". which one? a) Production B) Financing NS) Human Resources D) Marketing TO) managementAt a time when the retail industry was undergoing rapid change andincreased competition, Fossil Group knew it needed to find more efficientand effective ways to keep its managers focused on performancemanagement and results. Performance Management Process Fossil Group was using a complex, 100% paper process for performance reviews and check-ins for more than 15,000 global employees. Theywanted to move toward a digital performance management strategy, butknew they needed to simplify the process first. Fossil Group set up four traditional components that were stretchedacross three strategic touch points throughout the year. These touchpoints were supplemented with ongoing performance conversations thatcould be initiated by any employee, at any time. As Fossil Group evolved its company-wide performance approach, theywere happy to see immediate progress. 92% of employees wereparticipating in goal-setting reviews, setting an average of six goals peremployee. However, when they dug into the…reply to this post,, Comparative systems base the measurement on comparing employees with each other and include simple rank order, alternation rank order, paired comparisons, and forced distribution. Comparative systems are easy to explain and the resulting data are easy to interpret, which facilitates administrative decisions. Simple rank order--employees are ranked from best performer to worst performer. b. Alternation rank order--in an alternation rank order procedure, the supervisor initially lists all students. Then, the supervisor selects the best performer, then the worst performer, then the second best, then the second worst, and so forth. Alternation rank order, in an alternation rank order procedure, the supervisor initially lists all students. Then, the supervisor selects the best performer, then the worst performer, then the second best, then the second worst, and so forth, alternating from the top to the bottom of the list until all students have been ranked. Paired…