disposal of the product. Manufacturing Process The shoe making process of FitnFeet shoes is categorized into four departments in which a progressive route is followed for producing finished shoes. These are- Clicking or Cutting Department‚ Closing or Machining Department‚ Lasting & Making Department‚ Finishing Department before putting it in the Shoe Room. Clicking or Cutting Department In this department‚ the top part of the shoe or the "upper" is made. The clicking operative is given
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Objectives of the Act The basic objective of the Act is to enhance livelihood security in rural areas by providing at least 100 days of guaranteed wage employment on demand. This work guarantee can also serve other objectives: generating productive assets‚ protecting the environment‚ rural empowerment of women‚ reducing rural-urban migration and fostering social equity‚ development initiative‚ public investments for creation of durable assets‚ decentralized implementation‚ demand driven and so on
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later expressed his gratitude after the war by making that friend his partner in a shoe store. The partnership lasted for more than 40 years until the shoe store had to give away to the building renovations of the lessor. After the war ended in 1945‚ he ventured into selling American shoes imported by enterprising. He later saw the opportunities of opening a shoe store‚ and not long after he was managing three shoe store in partnership with friends. Then he was able to save his money‚ so he pursuing
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SMART Objective – Wedding Reception Objective: Plan a five hour wedding reception for 200 guests on a budget of $15‚000 that revolves around dinner‚ dancing‚ live music‚ cutting cake‚ and farewell to the couple‚ with an indoor venue reserved one year before the wedding date‚ and all plans finalized one month before the wedding date. Time – Time will be the most crucial constraint and will be prioritized. There is an obvious time constraint on assuring that all events will occur on the wedding day
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1- Which of the different product mix pricing strategies discussed in the text applies best to Payless’s new strategy? Discuss this in detail. The strategy for setting a product’s price often has to be changed when the product is part of a product mix. Companies usually develop product lines rather than single product. Product mix means in the same companies have many type product with they are brands it sold. Product mix pricing strategies consist of five elements which is product line pricing
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Managing conflicts well is a sign of maturity. • Conflicts are challenging. • Conflicts are exciting. • Conflicts encourage people to grow. • Conflicts create opportunity. Advantages: Spirit of competition drives all to excel to higher levels. Disadvantage: The competition gets so fierce that people forget they are ultimately on the same team 2. Causes and sources of conflicts Conflict begins in an organization when group of
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men’s shoes‚ but the size they are accustomed to will be labeled differently in the men’s sizes. Although the shoe size is related to the length of your foot‚ the sizes do not follow a direct formula. Subtract 1 1/2 from your size‚ if you are a size 6. Therefore‚ your equivalent men’s size would be a 4 1/2. Above is a dot graph showing the female comparison if she was to convert to a male shoe by length. It is a difference in length by a size and a half. This decision by Nyke is not a good company
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Ethical Practice within the financial services industry Why is ethical practice important? Firms that operate within the financial services try to be as open and honest with their consumers with all types of business in order to create confidence among customers. Not all banks/services have profit as their primary goal‚ there are several financial services which focus on creating social and environmental benefits. So why are ethical policies important? Well it comes down to the customer and their
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Management by ObjectivesMBO Management by Objectives (MBO) Can be defined as a process whereby the performance goals and objectives are set by each subordinate in collaboration with his superior at the start of the appraisal period. MBO is a Process A process consisting of a series of interdependence and interrelated steps: The formation of clear‚ concise statements of objectives The development of realistic action plans for their attainment‚ The systematic monitoring
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Management by objectives (MBO) Overview The essence of MBO is participative goal setting and choosing one’s course of actions. An important part of the MBO is to measure and compare the employee’s actual performance with the set standards. After defining the organizational objectives as per the yearly business plan set by the top management‚ objectives are cascaded into smaller‚ more specific goals at each level of organization (divisional‚ departmental‚ individual). The manager and his
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