It is crucial in the present customer centric business environment which requires the companies to work not only towards reducing the costs but to manage the operating activities effectively. Identifying the non-value added activities and eliminating them to avoid wastage, this helps in continuous flow of value added services to the customers. In addition to activity audit there are certain additional approaches which strengthens the activity audit. Discuss the approaches which have been proved useful under efficient activity management practices with its best su

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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It is crucial in the present customer centric business environment which requires the
companies to work not only towards reducing the costs but to manage the operating
activities effectively.
Identifying the non-value added activities and eliminating them to avoid wastage, this
helps in continuous flow of value added services to the customers. In addition to activity
audit there are certain additional approaches which strengthens the activity audit. Discuss the approaches which have been proved useful under efficient activity
management practices with its best summary

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