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Q: What is a plan for acquiring the resources needed to complete the manufacturing activities that will satisfy the organization's sales forecast a production budget?
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What are the activities duties and functions of purchasing department?

In a business or organization, the purchasing department ensures that all supplies and materials needed for everyday operations are ordered and stocked. They will negotiate with suppliers to receive discounted pricing when possible due to buying in bulk or being a loyal customer. The purchasing department will work with internal divisions of a business to ensure their needs in terms of materials are met. The purchasing department might also be tasked with acquiring services such as building maintenance or business-related travel.


What is the ARDM model in human resource?

ARDM in Human Resource Management refers to a model for operating managers to focus on four key human resource factors: A = Acquiring, R = Rewarding D = Developing and M = Maintaining.


Abstract for portfolio management project?

Project portfolio management (PPM) is a hot topic, and there is no shortage of advice on how to do it. Consulting companies and software vendors are offering tools for the job. Organizations can benefit considerably from improving the processes used to select and manage projects, but "caveat emptor," let the buyer beware. Much of the current advice on PPM is incomplete, inexact, or flat-out wrong. Available software provides good data management and reporting capabilities, but most current programs lack sound algorithms for identifying optimal project portfolios. Providing the wrong project recommendations is worse than providing no recommendations at all. The weak link for most tools is the lack of a quality decision model for recommending projects. This 7-part paper identifies available tools, describes the model that must be included within the tool if it is to make valid project recommendations, suggests criteria for evaluating tools, and offers recommendations for organizations interested in acquiring tools . Before purchasing a tool, buyers are advised to familiarize themselves with established theories for valuing projects and to reject tools that cannot be tailored to correctly apply these theories to their situations. Armed with understanding, organizations can avoid being "burned" by unsuitable and inadequate tools that are being pushed in the marketplace


What are some of the duties she would perform as part of the direct and manage project execution process?

-Ensuring the project team understands the needs of the stakeholders -Acquiring equipment, supplis, and materials to construct the ward -Meeting with sponsors of the new ward to inform them of the progress of the project


What is the difference between Knowledge Management and Business Intelligence?

Many in industry confuse knowledge management (KM) with business intelligence (BI). Gartner consultancy clarifies this by explaining BI as set of all technologies that gather and analyze data to improve decision making. In BI, intelligence is often defined as the discovery and explanation of hidden, inherent and decision-relevant contexts in large amounts of business and economic data. KM is described as a systematic process of finding, selecting, organizing, distilling and presenting information in a way that improves an employee's comprehension in a specific area of interest. KM helps an organization to gain insight and understanding from its own experience. Specific KM activities help focus the organization on acquiring, storing and utilizing knowledge for such things as problem solving, dynamic learning, strategic planning and decision making.

Related questions

What is iso training?

ISO training is a structured training activities for professionals and organizations seeking knowledge and skills improvement that is needed to meet the requirements set by the international setting body of standards which composed of different representatives from various national standards organizations associated with the development, production and dissemination of international standards. Nowadays, it can be taken through distance learning through online courses offered by accredited websites. But, when you take the training and passed - it does not mean you are already ISO certified. Certification can only be acquired and given by the ISO itself, and those online trainings are just an education platform to prepare organizations in acquiring and getting ISO certified.


Does U.S. policy ban research development production stockpiling and acquiring of biological agents or toxins?

Yes, is True


US policy bans research development production stockpiling and acquiring of biological agents for hostile purposes?

true


Is investing activities in the statement of cash flows include acquiring and selling long term assets true or False?

true


Did the US policy ban research development production stockpiling and acquiring of biological agents or toxins for hostile purposes?

True


US policy bans research development production stockpiling and acquiring of biological agents or toxins for hostile purposes?

True


What is operating cycle in accounting management?

Operating cycle is the time which required by the business from acquiring inventory to production and selling of products and generating revenue.


What is the advantage and disadvantage fully owned manufacturing facilities?

Let me first explain what is the fully owned manufacturing facilities. In short "Fully owned manufacturing facilities" refer to factories or production plants that are wholly owned and operated by a company, as opposed to being outsourced or operated by third-party manufacturers. Here, I am sharing some of the main advantages and disadvantages of owning such facilities: Advantages: 1. Control over production: Owning manufacturing facilities gives a company complete control over the production process, which allows them to maintain consistent quality standards, manage production timelines, and quickly adapt to changes in demand. 2. Cost savings: Companies that own their manufacturing facilities can often achieve cost savings by taking advantage of economies of scale, reducing transportation costs, and minimizing the markup that would be charged by a third-party manufacturer. 3. Intellectual property protection: Owning manufacturing facilities can provide greater protection for a company's intellectual property, as trade secrets, manufacturing processes, and other proprietary information can be kept confidential and under tight control. 4. Improved supply chain management: Companies that own their manufacturing facilities can have better control over their supply chain, which can result in more reliable delivery times, better quality control, and fewer disruptions due to unforeseen events. Disadvantages: 1. High upfront costs: Building or acquiring a manufacturing facility can require significant upfront costs, which may be a barrier to entry for smaller companies or startups. 2. Operational complexity: Managing a manufacturing facility can be complex and requires significant expertise, including knowledge of production processes, quality control, and supply chain management. 3. Risk of underutilization: If demand for a company's products fluctuates, owning manufacturing facilities can result in underutilization of production capacity, which can be costly. 4. Capital intensive: Manufacturing facilities require ongoing investment in machinery, equipment, and maintenance, which can be expensive and require ongoing capital expenditure. I conclude it as overall, owning fully owned manufacturing facilities can provide a company with greater control and cost savings, but it also comes with significant upfront costs and operational complexities. Companies need to carefully evaluate the pros and cons before deciding to build or acquire such facilities.


What is the past tense of acquiring?

past tense of acquiring is acquired


What was the policy of acquiring colonies?

Imperialism, the policy of acquiring colonies


When was Acquiring the Taste created?

Acquiring the Taste was created on 1971-07-16.


Why the study of trigonometry is a vehicle for acquiring skills?

The study of anything is a vehicle for acquiring skills.