This will provide the right environment for continuous growth and success of any organized effort. a. Decision Making b. Planning c. Engineering Management d. Organizing
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This will provide the right environment for continuous growth and success of any organized effort.
a. Decision Making
b. Planning
c. Engineering Management
d. Organizing
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- With the rise of e-commerce and m-commerce, this conflict is likely to continue, as more and more companies are finding ways of making their products accessible online and on mobile apps. How insurance companies can manage this conflict? What startegies they should have, except One strategy to manage this conflict is to follow in Allstate’s footsteps by pairing local agents with each online transaction (Stackpole, 2001). Even if the agent’s interaction in the process is minimal, they are still afforded the commission (Stackpole, 2001). This strategy is a win-win situation: customers have the option of purchasing insurance online and enjoying the ease with which that can occur while insurance agents will still receive their commission. Another strategy to manage this conflict could be to use exclusive offerings. Kawasaki chose to sell only accessories on its website, so as not to impede business at its retailers (Stackpole, 2001). Insurance companies could employ a similar strategy by…There are the following advantages to AON method:a) No dummy activities are usedb) Nodes designate activitiesc) Events are not usedd) Easy to draw if dependencies are not intensee) All of the above.57. Which of the following statements about a make-or-buy decision analysis is not correct?a. Available resources should be used as efficiently as possible before outsourcing.b. The analysis should involve avoidable costs only.c. If the total relevant cost of production is less than the cost to buy the item, it should be produced inhouse.d. The decision depends on whether the company is operating at or below the normal capacity
- General guidelines for making decisions or taking action in response to a particular event are known as? a. procedures b. regulation c. policies d. none of the above In organizations, effective planning typically involves: Select one: a. determining or revising the organization's mission and goals b. formulating strategy c. implementing strategy d. all of the aboveMr. Munir is writing how much sales he is expecting in the next three months. What function does Mr. Munir is performing? a. Planning b. Directing C.Organizing D.Controlling39) Why is cost information stored in several relational tables? 40) Identify the business activity below that cannot be modeled using an REA diagram. A) purchase requisitions B) rental transactions C) intangible assets D) All of the above can be modeled by an REA diagram. 41) In which entity would an item's standard cost information most likely be maintained? A) Inventory entity B) Order_Inventory entity C) Inventory-Order_Inventory entity D) none of the above 42) In which entity would an item's actual cost information most likely be maintained? A) Inventory entity B) Order_Inventory entity C) Inventory-Order_Inventory entity D) none of the above 43) Identify the inventory valuation method below that cannot be calculated in a database created using an REA modeling approach. A) LIFO B) FIFO C) Weighted Average D) none of the above 44) If the actual cost of an inventory item is maintained as an attribute in the Inventory table,…
- Briefly describe the planning techniques listed as follows, and give an advantage and disadvantagefor each:a. SpreadsheetHealth and Cure Hospital (H&C) is a new hospital in Amman and tries to provide thebest medical care and facilities to its patients. After a short period of time, they noted thatit is very difficult to keep records of its day-to-day activities manually as well as themedical staff information is not well-organized.The executive management in H&C believes that the business requirements haveemerged and they need to invest in developing new technology. Therefore, they met theIT managers and they indicated that they need to develop a database system toorganize all information about patients and medical staff in each department, in additionto that it will help to keep records of all hospital activities.H&C consists of set of medical departments, such as Surgical Department, InternalMedicine Department and Pediatrics & Neonatology Department. Each patient has hisown record that contains his personal information such as name, address, age, and soon. The hospital needs to track…A 2011 study published in the Harvard Business reported an average cost overrun of ... Select one: a. 70% b. 27% c. 15% d. 88% On of them is not consider tool or techniques to assist in schedule development: Select one: a. PERT b. Critical chain scheduling c. Gant chart d. MTA matrix tractability array cost is “ a resource sacrificed or foregone to achieve a specific objective Select one: True False Intangible costs or benefits are ...... Select one: a. easy to measure in monetary terms such as gold b. difficult to measure in monetary terms c. easy to measure in monetary terms such as dollar d. easy to measure in term of time plan
- 9. Which investment is the most engaging, if the cost of money is 9%?a. Investment Cb. Investment Ac. Investment Bd. Any of the investmente. None of the AboveAs an operations manager of OPQ Furniture, you must make a decision about adding a line ofrustic furniture for physical distribution. In discussing the possibilities with your sales manager, you decidethat there will be definitely be a market and that your firm should enter the market. However, because ofrustic furniture has a different finish than your standard offering, you decide you need another processline. There is no doubt in your mind about the decision, and you are sure that you should have a secondprocess. But you do question how large to make it. A large process line is going to cost $400,000; a smallprocess line will cost $300,000. The question therefore is the demand for rustic furniture. After extensivediscussion, you determine that the best estimate you can make is that there is a two out of three chanceof profit…Form a group in which each member represents a differentfunctional area of a firm. Provide a priority list of the infor-mation that could be generated from an MPS, from the mostimportant to the least important, for each functional area.Rationalize the differences in the listsSAP helps to reengineer the business, whereas for few organizations it becomes imperative for “production planning”. Further, in any live Production Planning module, locations of manufacturing plants and storage within the plantsshould be available in the system. Keeping in view the stated statements: What do youunderstandabout “Master Data and its types in SAP PP(Production Planning)”?