answersLogoWhite

0

A company may focus on the supply chain in order to achieve a low volume of materials on hand. This reduces the company's overall payments accountable and can aid in company success through more profitable margins. It can also risk production if supply stocks are reduced too much.

User Avatar

Wiki User

11y ago

What else can I help you with?

Continue Learning about Management

What factors effect decision making discuss how an effective decision making could have an impact on organization success. the process needs to be evaluated and shows how it relates to the success?

If your motives and intent are pure, trust God and make your move.


Why are managers judged by their decisions?

Managers are judged by their decisions because these choices directly impact the performance, culture, and direction of their organizations. Effective decision-making can lead to improved productivity, employee morale, and financial success, while poor decisions can result in losses and diminished trust. Ultimately, stakeholders, including employees and shareholders, assess a manager's effectiveness based on the outcomes of their decisions, making accountability essential in leadership roles.


What role does the product owner play in a Scrum project and how does their involvement impact the overall success of the project?

The product owner in a Scrum project is responsible for defining and prioritizing the features of the product, representing the customer's needs and ensuring the team delivers value. Their involvement impacts the project's success by providing clear direction, aligning the team with customer expectations, and making timely decisions to maximize the product's value.


What are the benefits of ROI and how can they impact a business's success?

Return on Investment (ROI) measures the profitability of an investment relative to its cost. The benefits of ROI include helping businesses make informed decisions, evaluate the effectiveness of investments, and prioritize resources. A high ROI can indicate a successful investment that contributes to a business's profitability and growth. By focusing on maximizing ROI, businesses can improve financial performance, attract investors, and achieve long-term success.


What are some examples of assumptions and constraints that can impact the success of a project?

Assumptions in a project can include beliefs about resources, timelines, or stakeholder behavior. Constraints can be limitations on budget, time, or available technology. Both assumptions and constraints can impact a project's success by affecting planning, decision-making, and overall project outcomes.

Related Questions

Discuss how poor management decisions can impact software quality?

Poor management decisions can impact software quality because management is often in charge of selecting those in charge of buying the company's software.


Discuss the Impact of currency deregulation in a national export process and procedure?

discuss the impact of deregulation?


What factors effect decision making discuss how an effective decision making could have an impact on organization success. the process needs to be evaluated and shows how it relates to the success?

If your motives and intent are pure, trust God and make your move.


What are the challenges of evaluating success in areas where the impact cannot be easily quantified or measured?

Evaluating success in areas where impact is hard to measure poses challenges due to the subjective nature of the criteria used for assessment. This can lead to difficulties in determining the effectiveness of interventions and making informed decisions based on the results.


Professional values and ethics that can impact career success?

How professional values and ethics can impact career success


Discuss how an effective decision making process could have an impact an organization success.You need to evaluate the process and show how it relates to the success of an organizatio?

YOur beliefs, opion, whats best for you, and how much you care.


Why does he discuss the social impact of capitalism?

because he does


Discuss the impact of science on society?

e


Your lives are defined by the decisions you make each day?

How does geography impact our decisions each day


Are there any topic for marketing project?

discuss the impact of the internet on marketing how would you market a pop group with a limited budget you publish your autobiography-how can you market it locally/nationally explain the reasons for marketing triumphs and disasters


Why does J have such a significant impact on the outcome of the project?

J has a significant impact on the project outcome because of their strong leadership skills, ability to make quick decisions, and effective communication with team members. Their strategic thinking and problem-solving abilities help drive the project towards success.


Why are managers judged by their decisions?

Managers are judged by their decisions because these choices directly impact the performance, culture, and direction of their organizations. Effective decision-making can lead to improved productivity, employee morale, and financial success, while poor decisions can result in losses and diminished trust. Ultimately, stakeholders, including employees and shareholders, assess a manager's effectiveness based on the outcomes of their decisions, making accountability essential in leadership roles.