Efficiency and effectiveness were originally industrial engineering concepts that came of age in the early twentieth century. Management theorists like Frederick Taylor and Frank and Lillian Gilbreth designed time and motion studies primarily to improve efficiency. Work simplification efforts again focused primarily on questions like "How fast can we do this task?" Work simplification also led to terminology like streamlined processes and efficiency experts‚ but the emphasis was still on time and
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School of Computer‚ Science and Engineering MSC PETROLEUM AND GAS ENGINEERING A Dissertation on THE EFFECTIVENESS OF MULTILATERAL WELLS IN DEEP-WATER Submitted by TEMITAYO OLUWAKAYODE OKEGBEMIRO @00347803 In partial fulfilment of the requirements for the M.Sc degree in Petroleum and Gas Engineering MAY‚ 2014 1 DECLARATION/CERTIFICATION I‚ Temitayo Oluwakayode OKEGBEMIRO declare that this dissertation is my own work. Any section‚ part or phrasing of more than 20 consecutive words that is copied
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Ryanair Ryanair is one of the largest and still fastest growing low-fares airline companies in Europe. Led by CEO Michael O’Leary‚ a diverse board of directors‚ and an experienced top management‚ Ryanair has been very successful following a cost leadership strategy‚ partially achieved by a “no-frills” service strategy. External influences such as the European economic crisis‚ aviation deregulation‚ and rising oil prices have created opportunities or threats to Ryanair‚ and internal weaknesses such
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topic is discussed are “Cost-saving” and “Cost-effectiveness” and are often confused with each other. Any preventive measure that reduces cost is cost saving‚ for example childhood immunizations. On the other hand‚ if the benefits of a preventive measure greatly outweigh the costs‚ then it is cost cost-effective‚ even if it does not really save dollars in the short term. Cost-effectiveness is expressed as ratio of incremental costs to incremental benefits. A low ratio means the method is cost-effective
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American Academic Michael Porter‚ operational effectiveness means performing similar activities better than rivals do. Porter even states in his “What is Strategy?” article “operational effectiveness is necessary but not sufficient.” It is possible to achieve a competitive advantage in this way. However‚ it is not possible to achieve a sustainable competitive advantage in this way. This is what Porter is addressing when he states “operational effectiveness is necessary but not sufficient.” One must
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This letter is to serve as my formal recommendation for Andrew Fuller. Andrew has been my direct assistant for several years. I have known Hongbin for more than one and a half years. I hired him to work for me as a Research Analyst at SRR in July of 1996. SRR is a full-service marketing research firm whose clients are primarily large radio stations and other music oriented media companies such as Capital Records‚ and MTV Networks. My roles at SRR include manager of new product development (research
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Analysis of external macro-environment ► Competitive analysis and market share India ► Analysis of fast food market ► Analysis of external macro-environment ► Competitive analysis and market share ► Forces shaping the competitive strategy Recommendations Burger King - Have it your way 2 Agenda Segmentation of the food service industry Burger King ► Business case of Burger King Our Approach to market entry/expansion SWOT Analysis Taiwan ► Analysis of fast food market ► Analysis of
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training orients employees in the right direction i.e. aligns the moves and motives of the employees with those of the organization. Thus the organizational goals are aimed at increased productivity thereby reducing the chances of wastage. It is also of benefit to employees who can avail promotions faster on the basis of their increased efficiency due to training. Thus employee morale can be boosted by training. Human Resource function with the philosophy that each individual is unique and each individual
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Evaluate the effectiveness of the jury system in the criminal trial Juries exists in the criminal trial to listen to the case presented to them and‚ as a third‚ non-bias party‚ decide beyond reasonable doubt if the accused is guilty. For the use of a trial by juror to be effective‚ no bias should exists in the jurors judgments‚ the jurors should understand clearly their role and key legal terms‚ and the jury system should represent the communities standards and views whilst upholding the rights
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Team effectiveness is a tool system for people to work together effectively. When a group of people working together they can much better if they were working by themselves. Team effectiveness is use to bring people together who is have a different time. Team effectiveness gives you the abilities to communication with your peer. In fact when team up with people who share the same opinion as you do. If a team member is having a different opinion team effectively is there to help each individual‚ (www
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