The line and staff activity has been debated for many years. One of the earliest expositions in line-staff activities dates back to 1911‚ in the military’s plan to simplify shop work (Fisch‚ 1961). These two activities are often perceived as one process; however they are not the same. There are fundamental differences between line and staff activity. These two functions cross over in organizations including health care‚ manufacturing‚ and service organizations. The line does not have direct authority
Premium Management Organization Structure
Staff consistency and reliability in customer service. Introduction • This presentation is about how staff consistency and reliability in customer service contributes to ensuring that an organisation has satisfied customers. • I am an assistant working in the human resources department of a private company and my HR manager has designed a practical training course to be delivered inhouse. I have to create a set of presentation slides with added notes‚ describing how staff consistency
Premium Customer service Customer Service
|2005 |2006 | |Inventory Turnover Ratio |0 |1.11 |0.097 |0.085 |0.696 | |Average No. Days Inventory In Stock |0 |328.9 |3742.72 |4301.69 |524.56 | Interpretations: Short Term Activity ratios calculate the operational efficiency regarding the utilization of short term assets Inventory Turnover Ratio: The ratio tells about how many times Inventory turnover is made or complete in a given year
Premium Generally Accepted Accounting Principles Balance sheet Financial ratios
Toyota Innovation Lecturer: Dr. Barbara Igel Group members: Mr. Nguyen Hoang Hai Ms. Pham Thi Thu Hoai Ms. Kieu Phuong Ly 1 Toyota Introduction • • • • Established: 28 August 1937 Entrepreneur: Mr. Kiichiro Toyoda Total unit sold (up to July 2012): 200mil cars Company achievement: Product development motivation Extraordinary capability to manage large & global product development portfolio Launch more new vehicles than competitors Consistently deliver winners Continuous
Premium Toyota Plug-in hybrid Hybrid electric vehicle
A high inventory turnover ratio is sometimes not a good thing for it reveals that the company may not have enough inventories to sell. People can analyze inventory turnover ratio with days in the inventory ratio. Nordstrom’s inventory turnover ratio in 2014 is 5.15 times which means the company turns over its inventory into sales 5 times a year‚ and the ratio in 2013 is 5.35 times. By comparing the inventory turnover ratio from 2013 with the ratio form 2014
Premium Financial ratios Generally Accepted Accounting Principles Inventory
Toyota and Why It Is So Successful The History of Toyota For organizational convenience I will discuss Toyota history as follows: • The start • The 1940s • The 1950s • Etc. The start. The Toyota Motor Corp. (TMC) had its beginning in 1933 when it was established as a division within the Toyoda Automatic Loom Works‚ Ltd. The founder of Toyota was Kiichiro Toyoda (1894–1952)‚ the son of Sakichi Toyoda (1867–1930). The values that have underpinned Toyota success startedwith Sakichi who was the son
Premium Toyota Toyota Production System
R ESEARCH Recruitment and Retention of Academic Staff in Higher Education Hilary Metcalf‚ Heather Rolfe‚ Philip Stevens and Martin Weale National Institute of Economic and Social Research Research Report RR658 Research Report No 658 Recruitment and Retention of Academic Staff in Higher Education Hilary Metcalf‚ Heather Rolfe‚ Philip Stevens and Martin Weale National Institute of Economic and Social Research The views expressed in this report are the authors’ and do not necessarily reflect
Premium University Higher education Employment
teetering on bankruptcy. Facing the crises of existence in a post-World War II Japan‚ Toyota sought to match American productivity‚ but was unable to mimic the American way because of the condition of the economy. In an attempt to find a solution‚ Toyota focused on cost-cutting and searched for ways to reduce manufacturing costs (Nayab‚ 2011)‚ thus the birth of just in time inventory management. In the case of Toyota‚ the implementation of just in time was a survival mechanism during an economic hardship;
Premium Manufacturing Inventory Lean manufacturing
1.0 INTRODUCTION Toyota Motor Corporation‚ commonly known as Toyota‚ is a global corporation headquartered in Japan. At its climax‚ Toyota employed approximately 320‚000 people worldwide. It is the world ’s largest automobile maker by sales. The company was founded by Kiichiro Toyoda in 1937 as a spinoff from his father ’s company Toyota Industries to create automobiles. Toyota also owns and operates Lexus and Scion brands and has a majority shareholding stake in Daihatsu and Hino Motors‚ and minority
Premium Toyota
within Toyota Motor Company Webster University Abstract This paper explores multiple published articles discussing Toyota Motor Company’s strengths‚ weaknesses‚ opportunities and threats. A review of Toyota’s decisions to hide important information prior to recalls leads us to a discussion of where Toyota can go from here. The paper includes recommendations for Toyota Motor Company in order to move forward after their 2010 recalls. In addition‚ organizational changes will assist Toyota Motor
Premium Toyota Management Lexus