TECHNIQUES FOR INVENTORY CONTROL: THE NEED FOR INVENTORY In industry‚ inventory means ’stock of goods’. It may mean raw materials‚ work-in-progress‚ maintenance materials‚ processed and semi-processed materials‚ oils‚ fuels and lubricants as well as finished and semi-finished goods. They may be either in solid‚ liquid or gaseous form‚ required for future use‚ mainly in the production process as in the case of finished goods for re-sale. In any case‚ it is an idle resource having an economic value
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The basic objectives of all managerial functions is to get things done by coordinated efforts of other. Thus‚ every function leads to coordination. However‚ following are the specific techniques for achieving coordination. (1) Coordination by Effective Communication. In an organization‚ the chain of command is the most important method of coordination. Superior because of his organizational position‚ has the authority to issue orders and instructions to his subordinates. Weber has indicated that
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Berlin für Sozialforschung gGmbH‚ Reichpietschufer 50‚ D-10785 Berlin‚ Tel. (+49 - 30) 2 54 91 - 0 ABSTRACT Shukko in Japanese Companies and Its Economic and Managerial Effects by Shiho Futagami‚ Tomoki Waragai‚ Thomas Westphal Japanese-style management is characterized by the traditional practice of so-called lifetime employment. Shukko plays an important role in supporting and supplementing Japanese long-term employment. Shukko involves the transfer of parent company employees to an affiliated
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The use of Empathy as a communication technique The word empathy is a noun and means: Having the ability to imagine oneself in another ’s place and understand the other ’s feelings‚ desires‚ ideas‚ and actions. The use of empathy was an important part of the psychological counseling technique developed by Carl R. Rogers. (Empathy) Carl Rogers was born January 8‚ 1902 in Oak Park‚ Illinois and lived until1987. Carl Rogers is best known for his contributions to therapy. Rogers felt that if a
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Investment Appraisal Investment: Spending money into something with an expectation of making profit/ increasing wealth in the future Investment Appraisal: Is a process of evaluating the attractiveness of an investment proposal using various techniques/methods‚ Methods Payback period Accounting rate of return (ARR – ROCE) Investment appraisal Internal rate of return (IRR) Pay Back Period (PBP) The Payback Period (PBP) - The time taken
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United States and the United Kingdom- the Reid Technique (United States) and the PEACE model (United Kingdom). Both are used to psychologically understand the suspect’s story of the crime and to purposely attain any important information possible. However‚ the Reid technique is more aggressive than the PEACE model. The purpose of the article was to express the concern that the authors have for the techniques of these models‚ especially the Reid technique‚ which they find very aggressive and inhumane
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strategic options 2 Techniques for Exploration Focus Groups Secondary Data Analysis Experience Surveys Projective Techniques Word association Sentence Completion Storytelling…etc. 3 Techniques for Exploration Focus Group A group of 6-10 people who discuss a subject under the direction of a moderator. Focus group interviews are not a question-and-answer session‚ rather the group members discuss a topic in some detail in an open and detailed way. 4 Techniques for Exploration Use
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An Overview of Production Principles and Techniques TOWARDS EFFECTIVE RADIO PROGRAMME DELIVERY: Oba Abdulkadir LA’ARO (B.sc‚ M.sc Mass Comm. Unilag‚ PGDE NTI) Department of Mass Communication University of Ilorin. Presented at Radio Kwara Programming Conference held between 15th --19th June 2009‚ Mandate Hall Radio Kwara‚ Ilorin. Introduction. Radio Stations like all other Mass Media Organisations‚ have one means through which they manifest the
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ability to reflect on the greatest triumphs and tragedies of our time by effectively presenting them through the use of film techniques. The Help‚ directed by Tate Taylor‚ allows us to on the greatest triumphs and tragedies. Tate Taylor presents these triumphs and tragedies in his 2011 film‚ The Help by using a range of characters and situations‚ as well as through film techniques such as dialogues‚ camera work and costume. The film maker‚ Tate Taylor effectively presents one of the greatest tragedies
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VASCULAR AND ENDOVASCULAR TECHNIQUES Thomas L. Forbes‚ MD‚ Section Editor A novel technique of vascular anastomosis to prevent juxta-anastomotic stenosis following arteriovenous fistula creation Ankit Bharat‚ MD‚ Mathew Jaenicke‚ and Surendra Shenoy‚ MD‚ PhD‚ St. Louis‚ Mo Objectives: Juxta-anastomotic stenosis (JAS) is one of the predominant causes of arteriovenous fistula (AVF) failure‚ with the reported incidence as high as 65%. We hypothesized that technical modification to alter the outflow
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