Classification of Performance Dimensions - Quantity Quality
Classification of Performance Dimensions A dimension is a measurable extent of any kind. It is usually measured in terms of various extends like shape, size, quality and quantity.The performance...
View ArticleGuidelines for Determining Performance Dimensions
Guidelines for determining performance dimensions Guidelines for determining performance dimensions are depicted below.The dimensions of performance must be as follows:Performance dimensions (Quantity...
View ArticleWhat is Productivity? Definition Meaning
What is Productivity? Definition ↓ According to Peter Drucker,“Productivity means the balance between all factors of production that will give the greatest output for the smallest effort.”The meaning...
View ArticleRelationship Between Production Planning and Control
Relationship Between Production Planning and Control Production planning and control are closely related to one another. They go hand in hand and are supplementary in character.Ten points explain the...
View ArticleFunctions of Production Planning and Control - Importance
Functions of Production Planning and Control Functions of production planning and control are listed and explained below.The importance or functions of production planning and control: Utilizes...
View ArticleStages Steps in Production Planning and Control
Steps in Production Planning and Control According to the British Standards Institute, there are four stages, steps, techniques or essentials in the process of production planning and control.The four...
View ArticleSteps Procedure of Routing in Production
Steps or Procedure of Routing in Production Following image depicts main steps or procedure of routing in production.Following important steps are involved in the procedure of routing: Product...
View ArticleDifference Between Intermittent & Continuous Production System
Difference between Intermittent and Continuous Production System Difference between intermittent and continuous production system; based on 10 points.Image credits © Prof. Mudit Katyani. Nature of...
View ArticleFactors that Affect Productivity
Factors that Affect Productivity The factors that affect productivity are depicted and listed below.Image Credits © Prof. Mudit Katyani.The main factors that affect productivity are:-Technical factors...
View ArticleImportance of Location Planning
Importance of Location Planning Location planning decisions are very important for all types of business units. This is because it affects the cost, selling price, and demand of the product. It is a...
View ArticleNine Main Benefits of Higher Productivity
Benefits of higher productivity The following image depicts a list of nine benefits of higher productivity.Image credits © Prof. Mudit Katyani.The nine main benefits of higher productivity are:Higher...
View ArticleProblems in Measuring Productivity - Difficulties
Problems in Measuring Productivity The difficulties or problems in measuring productivity are listed belowImage Credits © Prof. Mudit Katyani.Difficulty in measuring output : The output of an industry...
View ArticleWhat is Scheduling? Definition Meaning
Definition of Scheduling The definition of scheduling as quoted by an eminent scholar is as follows:According to Richard Lansburgh and William Spriegel,“Scheduling involves establishing the amount, of...
View ArticleInternal and External Factors Affecting Scheduling
Factors Affecting Scheduling The following chart depicts various factors affecting scheduling.The factors that affect scheduling are grouped into two categories viz;Internal factors : Affect an entity...
View ArticleTen Main Factors Affecting Plant Location
Factors Affecting Plant Location Plant location must be selected properly by entrepreneurs while planning to set up their business units. While taking such a decision, they must consider some...
View ArticleWhat is Product Quality? Definition Meaning Importance
Definition of Product Quality Before we proceed to understand, “what is product quality?” First, let's focus on the definition of quality.It is not easy to define the word Quality since it is...
View ArticleExplain the Social Responsibility of Business
Social responsibility of business The social responsibility of business means various obligations or responsibilities or duties that a business-organization has towards the society within which it...
View ArticleDiscuss the Scope of Social Responsibility of Business
Scope of social responsibility of business Earlier, we discussed the introduction of the social responsibility of business. In this starting article, we tried to grasp the basic understanding of its...
View ArticleEleven Major Functions of Advertising Agency
Functions of advertising agency Advertising agency is an independent service-rendering organization. It delivers various services and performs many functions for its clients, who are advertisers. It is...
View ArticleExplain the Client Agency Relationship in Advertising
Client agency relationship in advertising The client agency relationship starts when the client appoints the advertising agency for making an ad. It continues as long as the agency provides services to...
View ArticleDisable Primary, Social and Promotions Tabs in Gmail
Disable Primary, Social and Promotions Tabs in Gmail Recently, it came to my notice that the interface of my Gmail account has changed a bit. Earlier, I enjoyed the simplicity of accessing my emails by...
View ArticleDepartments and Organizational Structure of Advertising Agency
Organizational structure of advertising agency Advertising agency must have a suitable internal organizational structure to keep functioning properly with a smooth workflow.When an advertising agency...
View ArticleIs Marketing Research Scientific or Not? Explain
Is marketing research scientific or not? Marketing research is not a pure science like physics and chemistry. It is a social science. It uses scientific methods for solving marketing problems. It uses...
View ArticleDifference Between Market Research vs Marketing Research
Difference Between Market Research vs Marketing Research Following image shows five important points of comparison used to find out the difference between Market Research vs Marketing Research...
View ArticleTwelve Steps in Marketing Research Process
Steps in marketing research process Following image depicts the steps in a marketing research process.Image credits © Prof. Mudit Katyani.The twelve stages or steps in a marketing research process...
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