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What is the difference between an organisation at macro and micro operations level?
Macro Operations: This division manufactures sprockets. Raw material comes in one end and sprockets come out the other. Micro Operations: This work area is used by a technician for sanding burrs off the M126-055 metal gear plate which is step 443 of the 652 steps required to create the finished M22 metal gear plate containment chassis. On the macro level, a sick employee is just one of hundreds of employees. On a micro level, a sick employee might slow the production of the M126-055 metal gear plate. On a macro level, if work has slowed due to employee sickness, we need more employees. More employees means more productivity! On a micro level, if my department has a budget and you send me an extra employee, I'm going to have trouble keeping inside my budget. I'm also going to lose productivity because my qualified technician now has to train the newbie. Plus my qualified tech is a terribly slow teacher. More employees has equaled less productivity! On a macro level, in a year the extra employees will be fully trained and fully functional. On a micro level, our productivity might not recover for six months and we get paid bonuses based on our productivity.
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Is JLT comes under CMM level Companies?
Yes JLT (Jardine Lloyd Thompson) is a CMMi Level certified organisation.
What are the effects of growth in the organisation?
Growth is the cherished momentum of any organisation. Stagnancy is the other name of death of an organisation. Growth inculcates vibrancy, motivates to work harder for better result. In modern day business world, growth is quantified percentage wise and the company bosses,business pundits can easily ascertain the overall health from the growth level. Growth in turnover, net profit are vital indicators of an organisation's health and corrective measures are generally initiated for future from the present level of growth.
What is the profit of maximization?
Profit maximization is the process by which a business seeks to achieve the highest possible profit from its operations. This involves optimizing the balance between revenues and costs, often through strategies such as increasing sales, reducing expenses, or improving operational efficiency. The ultimate goal is to identify the level of output where marginal costs equal marginal revenue, thus maximizing the difference between total revenue and total costs. In essence, profit maximization helps businesses make informed decisions that drive financial success.
What are the differences between level term and decreasing term life insurance?
The main difference between level term and decreasing term life insurance is how the death benefit changes over time. In level term insurance, the death benefit remains the same throughout the policy term. In decreasing term insurance, the death benefit decreases over time, usually in line with a mortgage or other debt that is being paid off.
What are six high level business functions typical of most companies?
Marketing, Sales, Finance, Operations, Technology, Administration are six high-level business functions typical of most companies.
What is the difference between elementary level and basic level?
what is the difference between elementary and basic
Difference between corporate level strategies and business level strategies?
difference between business level strategy and corporate level strategy?
What are difference of reorder level and eoq?
what is the difference between Re oreder level and EOQ
What is the difference between level 1 and level 2 teacher background checks?
It's like the difference between a biopsy and an autopsy.
The gross head in turbine installation is difference of level between?
it is difference between the water level from head race and tail race
What is the difference between pipe-lining and materialization?
in adbms,,these are the two approaches to query processing.. in materialization approach,we start from the lowest level operations in the expressions.the inputs to the lowest level operations are the relations in the database.we execute the lowest level operations on the input relations and store the result in temporary relations. in pipelining approach,several relational operations are combined into a pipeline of operations,in which the results of one operation are passed along to the next operation in the pipeline. pipelining is advantageous since it eliminates the cost of reading and writing temporary relations
What would Identify one way in which bacteria differ from humans?
Organisation. Bacteria have cellular level of organisation and humans have organ system level of organisation.
Describe corparate level strategy and business level strategy?
The difference between corporate and business level strategy is that their operations are inter-industry and intra-industry respectively. Whereas corporate level strategy is concerned in what business to deal with, business level strategy is concerned with how to compete within a particular business.
What is difference between original ground level and normal ground level?
hi
What is the average salary for a director of baseball operations at the collegiate level?
between 80k and 112k
What is the importance of a consumer surplus?
If an organisation as to survive for a long term ,then the organisation as to think on consumer surplus . later on it creats the demand for a particular product or goods. consumer surplus is very importent for all the organisation...
What is largest difference between developed and developing countries?
the level of wealth
