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every input has some value but the output is always less than the input this is called value creation

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What is the mission statement of proctor and gamble?

"We will provide branded products and services of superior quality and value that improve the lives of the world's consumers. As a result, consumers will reward us with leadership sales, profit, and value creation, allowing our people, our shareholders, and the communities in which we live and work to prosper. "


What is the difference between value-added and non-value-added activities in a business process and how can identifying and eliminating non-value-added activities contribute to increasing overall efficiency and profitability?

Value-added activities are tasks that directly contribute to the creation of a product or service, while non-value-added activities do not add any value and are considered wasteful. By identifying and eliminating non-value-added activities, a business can streamline its processes, reduce costs, and improve efficiency. This can lead to increased productivity, faster delivery times, and ultimately higher profitability for the business.


What is the difference between value-add and non-value-add activities in a business process and how can we identify and eliminate non-value-add activities to enhance overall efficiency and productivity?

Value-add activities are tasks that directly contribute to the creation of a product or service, while non-value-add activities are tasks that do not add value to the final product or service. To identify and eliminate non-value-add activities, businesses can use techniques such as process mapping, value stream mapping, and conducting time studies to analyze and streamline processes. By focusing on eliminating waste and inefficiencies, businesses can enhance overall efficiency and productivity.


What are some examples of value-added activities compared to non-value-added activities in a business process?

Value-added activities in a business process are those that directly contribute to the creation of a product or service that customers are willing to pay for. Examples include designing a product, assembling components, and providing customer service. Non-value-added activities, on the other hand, do not add value to the final product or service and should be minimized or eliminated. Examples include waiting time, unnecessary paperwork, and rework due to errors.


Why is employee well-being a neglected aspect of managing people at work?

For the same resone that you ask this question....employee well being is for the employees who by being well contribute well to the value creation process of the organisation and its objectives.

Related Questions

What is value-creation?

every input has some value but the output is always less than the input this is called value creation


What symbol represents value or value creation?

There are an infinite number of symbols that can represent value or value creation. You could use a bird as a symbol for example.


What is the realization of creation?

Value Fulfillment


3 keys of holistic marketing orientation and customer value?

1. Value exploration 2. Value creation 3. Value delivery.


What are the release dates for Creation in the 21st Century - 2004 Value Beyond Measure?

Creation in the 21st Century - 2004 Value Beyond Measure was released on: USA: 27 May 2011


What is value in business markets?

Value in business markets is the value of products and services versus value of buyer seller relationship. It also includes , value analysis, value creation and value delivery.


What did the natives Americans value?

The gods that created the world and the animals that helped with the creation.


What is the motto of Carmel Ventures?

Carmel Ventures's motto is 'The Face of Value Creation'.


What is the total value of a product?

The total value of a product includes installing, maintenance and materials used in the creation of the product. It is the total value when making a final purchase.


What is value claiming and value creation in negotiations?

Value claiming is a situation where there can be only one clearly delineated winner of a negotiation. These types of situations are called zero-sum or distributive situations. Value creation is a situation where there can be multiple winners of a negotiation. These types of situations are non-zero sum, integrative, or mutual gains situations.


What is value creation in negotiation?

Value creation in negotiation refers to the process of expanding the benefits for both parties involved in a negotiation by identifying and utilizing mutually beneficial opportunities. It involves fostering a collaborative approach to address the needs and interests of all parties to achieve optimal outcomes that create value beyond initial expectations. By focusing on value creation, negotiators can build stronger relationships, enhance trust, and increase the overall success of the negotiation.


How do you value God's creation?

I value God's creation by recognizing its inherent beauty and complexity, understanding the interconnectedness of all living things, and striving to be a good steward of the Earth by caring for the environment and respecting all forms of life.