Product Process Matrix A common classification of production process structures We often classify processes based on their physical configuration‚ material and product flow‚ flexibility‚ and volume expectation. There are four different process types‚ which a manager can choose‚ keeping in mind the relative importance of the following attributes:- Quality‚ Time‚ Flexibility‚ and Cost. These are: 1. Job process 2. Batch process 3. Line process‚ and 4. Continuous process Job
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Sources and Type of Risk Toga B. Simatupang SE‚ MM‚ CPLHI‚ CICA‚ RFP PPAK Univ. Trisakti – Risk Management Origin of Risk • Arabic word : Risq “anything that has given to you (by GOD) and from which you draw profit” • Latin word : Riscum “unfavourable event” • French word: Risque “nothing venture nothing gained” • English word : Risk chance of negative outcome unexpected outcome chance of bad consequences hazard‚ loss‚ etc Definition of Risk “the likelihood
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Personality Theories Matrix THEORY Psychoanalytic Neo-Freudian Trait Biological Humanistic Behavioral/ Social Cognitive Personality “Self: id‚ ego‚ superego‚ thanatos; defense mechanisms.” Personlaity structureis made up of 3 major systems: the id‚ the ego and the superego. Each has its own function properties‚ components‚ operating principles‚ and mechanisms‚ the systems interact so closely with one another that it is difficult to disentangle their effects
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2. What types of conditions would likely exist that would encourage business owners or executives to reorganize into a matrix structure? Have you worked in a matrix structure? What did you like or dislike about it? The type of conditions that would encourage business owners or executives to reorganize into a matrix structure would be in an organization like consulting and
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Taking Risks Have you ever wondered how people end up in the careers that they are in? I always asked myself‚ “how did they get there‚ how did they do it‚” especially when it came to people who were very successful. The answer was by taking risks. Risks are necessary in life in order to do new things in life. As we get older we learn that when we fail we have to just get up and continue on with our lives. In doing so we gain an awareness of the world we live in. Life would be really dull if we
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INSURANCE AND RISK MANAGEMENT SOLUTIONS TO STUDY QUESTIONS CHAPTER 1: Nature of risk and its management 1. Explain the meaning of risk. In your explanation‚ state the relationship between risk and uncertainty. Risk is defined as a condition where there is the possibility of an adverse deviation from an expected outcome. That is‚ there is the possibility of loss. Risk is a state of the real world in which a possibility of loss exists‚ while uncertainty is a state of mind characterised
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* JSA Title: | Steel Structure Erection | Date: | 3 February 2010 | * Project Name: | JIHAR DEVELOPMENT PROJECT (Stage 3 ) | Project No: | JI-191 | Work Location: | JIHAR GTP | Permit/s Required: (circle below) | Additional PPE Requirements:(list on pre-start) | * Special Tools or Equipment Required(e.g. gas detection‚ fall protection‚ ventilation fans‚ lighting‚ high pressure water blasting‚ scaffolding etc) | | Confined
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What is Matrix organization structure? Matrix management is a type of organizational management in which people with similar skills are pooled for work assignments. For example‚ all engineers may be in one engineering department and report to an engineering manager‚ but these same engineers may be assigned to different projects and report to a different engineering manager or a project manager while working on that project. Therefore‚ each engineer may have to work under several managers to get
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the authors this week went deeper than just giving dictionary definitions or generic examples of these topics. This week’s readings were women writing about real world scenarios and instances of women. To elaborate‚ the Black Feminist Thought in the Matrix of Domination reading by Collins is about how Black women are oppressed in society and they are fighting norms and changing how they are being treated my increasing their knowledge through education. The Heteropatriarchy and the Three Pillars of White
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Summary of 5 different Seminar: Risk management is the process of dealing with the risk‚ as it is an obstacle in achieving the goals and objectives of an organization‚ by risk management these obstacles are controlled and removed. In the seminar of Lancashire Combined Fire Authority‚ it is discussed that a risk management policy is formulated in order to safeguard the achievements of operational and strategic objectives‚ with the help of effective risk controlling. The policies prepare to ensure
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