Individual Research Report “Managing Operations for Customer Satisfaction and Enhanced Profitability” Introduction The role of operations management is the production of goods and services and to ensure efficiency and effectiveness in the operation process‚ that means use as little resource as needed and meet the customer requirements. Moreover‚ it is converts inputs (in the forms of materials‚ labour and energy) into outputs (in the form of goods and services) and aims to increase the
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COMPETING THEORIES OF BUSINESS: PROFITABILITY AND OTHER MOTIVES INTRODUCTION Competition has always been part of human nature‚ therefore business as well‚ as a human creation. The tendency to be better and more successful has been transferred to business in idea of making profit and being successful. This enabled economy‚ as a whole‚ to evolve and provide civilization with higher quality and lower prices. In addition‚ it resulted in technological improvement. Competition led to creating competing
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Asset on Firm Profitability ABSTRACT: The aim of this study is to look at the impact of fixed asset on firm profitability textile‚ cement and sugar sector in Pakistan. The study is based on sample of three sectors (sugar‚ cement‚ and textile) over five year period from 2010 to 2014.We used regression analysis method to show the impact of fixed asset on firm profitability. The past research shows that investment on non current asset does not have strong impact on corporation profitability. Findings show
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through various means. Vibratory and fiscal policies are the stimulant to any nation economic development‚ especially with regards to Nigeria. However‚ in this study‚ the attention of this is mainly on the influence of deregulation on banks profitability in Nigeria. The discussion on the deregulation can be effectively carried out without understanding what monetary policy is all about. In this content‚ monetary policy could be defined as a policy which deals with discretionary control of money
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must consider is the current and future profitability of the Nano. In order to determine if their strategy of entering the small car market is feasible‚ the influences on the industry must be evaluated. If evaluation of the industry indicates that future profitability is in question‚ the company must consider canceling the project‚ or focus on areas where Tata can influence the industry to improve the likelihood of profitability. Analysis Profitability/Feasibility One must consider
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growth? Answer: We don’t need to be concerned about this issue too much. Actually CitySoft has been growing fast since 1998 to 1999‚ and it is the time to focus more on its cost‚ operational control and systems in order to improve CitySoft’s profitability in the future. Refining the process of operation and cost management is quite necessary for CitySoft at this point‚ because if it kept expanding without improving its cost‚ operational control and system management‚ it would make little profit
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The Impact of ABC and EVA on Business Profitability and Performance. Value-added activity-based costing (ABC) and economic value added (EVA) measures have much impact on business profitability and performance. With the implementation of the ABC methodology‚ companies are able to pinpoint the products that are most profitable‚ determine what contributes to financial performance‚ forecast costs‚ profits‚ and amount of resources needed‚ identify the root of poor financial performance and
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PART IX - SPICE AND SALT 106. Prohibition to sell sub-standard spice (1) No person shall import‚ process‚ store‚ expose for sale or sell any spice which does not comply with the standard specified in paragraph (2). (2) (a) Spice shall be the sound leaves‚ flowers‚ buds‚ fruits‚ seeds‚ barks or rhizomes of plants that are suitable for use as condiments for imparting any flavour or aroma to food; (b) Aniseed shall be the dried‚ ripe fruit of the plant
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Understanding Customer Profitability To Create Value Bala V. Balachandran J.L. Kellogg Distinguished Professor of Accounting and Information Systems The Current Business Environment New Products Manufacturing Excellence Demanding Customers Changing Workforce Changing Technology New Competitors Decreasing Margins Global Competition © 2005 Bala V. Balachandran Kellogg School of Management Levers to Maximize Profit © 2005 Bala V. Balachandran Kellogg School of Management Levers to Maximize
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A New View for Human Resources Increasing Employee Productivity and Satisfaction Leads to Organizational Profitability 4/22/2013 Abstract As the United States struggles to climb past the recovery economic state‚ companies are forced to continue to adapt practices to increase employee morale and organizational profitability. Human resources play a critical role in developing employees into believers of the company’s vision. Gone are the days of the stereotypical human resource role of hiring
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