Mention some of the main advantages of Centralization.
Sometime the organizational setup is centralized to make the operations mobile. Please present some of the benefits of centralizing an organization.
How can a Stable Fiscal & Monetary Environment contribute towards the development of a country?
Stable enviorment is very important for the progess of a business. Please explain the importantace of Stable Fiscal & Monetary Environment in the prog...
What factors are controlled by the government if the system is Command Economic System?
Command Economic system is that in which all the aspects of the economy is controlled by government. Please enlist some of the feature that the govern...
Why a lot of businesses are making transition towards Market Economy?
Market economy lies in between command and control economy. Explain the reason of transition of local businesses towards market economic system.
Explain the functions of Operations department in manufacturing industrial setups.
One of the departments in industrial setup is operation setup. Please explain the functions performed by this department.
Elaborate the difference between Self- managed and Cross functional team.
Teams can be classified into Self-manage and cross functional. Please explain the main difference between the working mechanisms of these two teams.