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Control is a function of management that helps to check errors and take corrective actions. This is done to minimize deviation from standards and ensure that the stated goals of the organization are achieved in a desired manner.
Project production management: the application of the analytical tools and techniques developed for operations management, as described in Factory Physics to the activities within major capital projects such as encountered in oil and gas and civil infrastructure delivery.
Typically, supply-chain managers aim to maximize the profitable operation of their manufacturing and distribution supply chain. This could include measures like maximizing gross margin return on inventory invested (balancing the cost of inventory at all points in the supply chain with availability to the customer), minimizing total operating expenses (transportation, inventory and ...
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The term antonym (and the related antonymy) is commonly taken to be synonymous with opposite, but antonym also has other more restricted meanings. Graded (or gradable) antonyms are word pairs whose meanings are opposite and which lie on a continuous spectrum (hot, cold).
The White House said the president wants to end a carried interest tax break prized by Wall Street hedge funds and private equity firms.
Contrary to micromanagement, where managers closely observe and control the work of their employees, macromanagement is a more independent style of organizational management. Managers step back and give employees the freedom to do their job as they see fit, as long as the desired result is achieved.
The Office of Personnel Management issued a memo Tuesday directing the heads of departments and agencies to send the notice to employees by 5 p.m. on Wednesday. The office provided a template ...