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What are the essentials of management of an organization?

Reduce cost and increase profit for shareholders


What does the transaction cost approach implies that an organization should?

select a mechanistic structure to reduce costs


Cost reduction strategies?

A cost reduction strategy focuses on reducing an organizationâ??s cost and increasing their profits. This strategy can vary from one organization to another depending on where they can reduce cost.


How do you organize value engineering function in shoe manufacturing organization?

You can organize this the same as you would in any other manufacturing organization - you either need to improve the function or reduce the cost.


What any recruitment company can reduce the hiring cost for start-up?

The kind of recruitment ompany that can reduce the cost of hiring for a start-up would be something along the lines of a temporary agency. The workers for a temp agency often will take any kind of work and won't cost as much as hiring a full-time employee. The start-up company will then have the option to hire the temp if they like how they work.


Why is a decentralized system of justice an advantage in the US?

local control, cost reduction and less corruption.


How you can reduce cost of manufacture?

Reduce the cost of materials, labor or overhead, or improve productivity.


How much will it cost to rent a car in Missouri?

As much as the agency charges. It depends on vehicle type, agency, insurance cost, and use expectations.


What is intrabusiness?

Intra-business is the state of business within the organization. It includes how departments work together to meet organizational goals each day.


How much does it cost to work with an advertising agency?

The cost to work with an advertising agency varies on geographical location, the type and complexity of work being done, and how the agency is paid. Sometimes they are paid by commission, and sometimes by a flat rate.


What is the cost for insurance for a nurse staffing agency?

30,000.00


What is HR acumen?

It is the ability to manage people processes with focus on organization's bottom-line. Inbusiness terms, it's the HR's ability to reduce risk, cost and losses related to people practices.