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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.
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
Who is not a consumer?
A person who does not purchase goods or services for personal use is not considered a consumer. This can include individuals who primarily engage in production or provide services without acquiring products for themselves. Additionally, businesses that buy raw materials for manufacturing rather than for final consumption also do not fall under the consumer category.
US policy bans research development production stockpiling and acquiring of biological agents or toxins for hostile purposes?
True
What are the four fundamental process activities?
The four fundamental process activities are organizing, acquiring, producing, and delivering. Organizing involves setting up the resources and processes needed for a task. Acquiring involves obtaining the necessary inputs. Producing involves transforming those inputs into outputs. Delivering involves distributing those outputs to the intended recipients.
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 do you call money required for building factories and installing machinery?
The money required for building factories and installing machinery is commonly referred to as "capital expenditure" (CapEx). This type of funding is essential for acquiring fixed assets that are necessary for production and operational capacity. It often involves significant investment and is crucial for long-term growth and development in manufacturing and industrial sectors.
What activities are involved in acquiring and maintaining the appropriate level of qualified human resources?
Acquiring and maintaining qualified human resources involves several key activities, including recruitment, where organizations identify and attract suitable candidates, and selection, which entails assessing and choosing the best fit for the role. Onboarding is essential for integrating new hires into the company culture and ensuring they understand their responsibilities. Additionally, ongoing training and development are crucial for enhancing employee skills and retaining talent, while performance management helps evaluate and support employee growth. Lastly, fostering a positive work environment and offering competitive compensation can further aid in retaining qualified personnel.
What is horizontal and vertical integration?
Horizontal Integration : When a company decides to expand horizontally i.e within its current line of business then it is called horizontal integration. For eg. pepsi when it got into snacks it can be called a horizontal integration.Vertical integration: When a firm covers all activity of supply chain then it can be called as vertically integrated. Eg. if a paper manufacturing industry goes into plantation of woods and other activities involved with production raw material (wood) it can be called a vertical integration.
