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Toyota's strategic role of supply chain management?

The accurate supply chain management is vital for the proper functioning of the production company, such as Toyota. Only in this way all manufacturing plants can work without interruptions, all materials are of good quality and customers get good products at fair price in the shortest possible time from the order. If supply chain management fails factories are idle and shops are empty.


Why information systems are so essential in running and managing business today?

n understanding of the effective and responsible use and management of information systems is important for managers and other business knowledge workers in today's global information society. Information systems and technologies have become a vital component of successful businesses and organizations. Information systems constitute an essential field of study in business administration and management, as they are considered a major functional area in business operations.Read more: Why_are_information_systems_essential_in_business_today


How does manpower management help in industries?

Manpower management in industries helps to manage workforce and maintenance. Manpower management plays vital role in management of time with work it enables executive to manage resources to provide quality services and production as per demand.


Management by exception?

The matters of routine in nature are left to the subordinates / down the cadre therefore, the top management only concentrates on vital / important matters. It overlaps delegation. m b rajendra prasad


What is relationship between management and change management?

change management is a crucial subset of management in the same way that making sure that your children are healthy is a vital component of parenting.management refers here to a task or process.it can also mean a group of individuals in managerial positions,in which case,managers play a leading role in deciding when change management is necessary and what form and function it should take.

Related Questions

What is ved analysis?

It is the classification of materials used in inventory management. Those who don't know about inventory management, you can better read it as stores maintenance. The classification is based on 'Vitality' of the materials. In this analysis, V stands for Vital, E stands for Essential & D stands for Desirable. Hence you classify materials according to the category - whether they are vital or essential or desirable. The difference it makes, depends on how efficiently you manage the inventory.


What oranisms play a vital role in the natural recycling of organic materials and are essential to the survival of ecosystems?

microorganisms


What does the word 'vital' mean?

Vital means something important or essential.


What is the opposite of incidental?

vital, essential


Another word that means vital?

Some words that mean vital are essential, integral, critical, key, and fundamental. Additional words for vital are indispensable, significant, and necessary.


What does vital sources mean?

Vital sources refer to essential or crucial sources of information or materials that are instrumental in analyzing a specific topic or issue. These sources are considered foundational to understanding and exploring a particular subject in depth.


Why stratospheric ozone is desirable on human?

Stratospheric ozone is desirable on human beings. It is due to the fact that stratospheric ozone is a vital part in protecting the UV rays.


What part of speech is the word vital?

The word vital is an adjective. It means to be necessary or essential.


What word is synonymous with vital?

Some synonyms for Vital are-Essential,Necessary,Crucial, etc.


What is a synonym for vital?

life-sustaining, essential


What is a synonym for essential?

* necessary * vital * important


What is the opposite word of incidental?

vital, essential