Answer:
management by objectives is the correct answer.
Explanation:
The process by which management evaluates long-term investment decisions involving long-term operational assets is called capital investment analysis.
Companies and governmental organisations use capital investment analysis as a budgeting technique to evaluate the prospective profitability of a long-term investment. Long-term investments, such as those in fixed assets like machinery, equipment, or real estate, are evaluated using capital investment analysis. Finding the choice that can provide the maximum return on investment is the aim of this approach. Businesses may employ a variety of approaches to conduct capital investment analysis, which entails computing the cost of financing, the risk-return of the project, and the expected value of projected future cash flows from the project.
Investments in capital are risky since they entail sizable upfront costs for assets meant to last for many years and that will take a long time to pay for themselves. A capital project must meet a number of fundamental criteria, one of which is an investment return that exceeds the hurdle rate, or needed rate of return, for the firm's shareholders.
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Answer:
What is the term used to describe product attributes that attract certain customers and can be used to form the competitive position of a firm?
Competitive dimensions.
Explanation:
In the business world, there are companies that sell products that are used for the same things. The companies in this types of environments are in competition with each other since they are all fighting over the same resource which is market share. A bigger market share usually translates to more customers and more sales. Bigger sales reflects to a bigger profit margin. For a company to have a bigger market share, there are a number of things that they can do to form the competitive position of their firm. They can do this by using product attributes that attract certain customers, a situation termed competitive dimensions.
The following competitive dimensions can be considered, namely;
1. Quality: companies can focus on the quality of their product by improving the quality of the features above the competition. In this way some customers might consider opting for that product because of its perceived quality. The major features of quality are: reliability, performance, serviceability and value for money.
2. Time: the following form the major components of time, namely; delivery time, manufacturing lead-time and frequency of delivery.
3. Price and cost: these include selling price and the service costs.
Answer: Accident research covers a very wide field. In this paper different models for accident research are presented; ie the behavioral, the epidemiological and the systems model. Different definitions of accidents are discussed, and particular attention is given to the restrictions on research as implied by the different definitions. A method for near-accident reporting is presented as a way of activating safety work and extending cooperation concerning industrial safety measures. The Dirty Dozen refers to twelve of the most common human error preconditions, or conditions that can act as precursors, to accidents or incidents. These twelve elements influence people to make mistakes.
. Lack of communication
5. Complacency
9. Lack of knowledge
2. Distraction
6. Lack of teamwork
10. Fatigue
3. Lack of resources
7. Pressure
11. Lack of assertiveness
4. Stress
8. Lack of awareness
12. Norms
B.How the Acts can help in this Life - Track Your Time, Determine Your Priorities ,Set Specific Goals ,Schedule Scrupulously,Establish Boundaries .
C. What is Professionalism in the Workplace?
Professionalism has to do with the way a person conducts himself or herself in the workplace. An individual who shows consideration and respect for others demonstrates a commitment to professionalism. Likewise, a person who keeps his or her word, demonstrates loyalty, and exceeds expectations is demonstrating professionalism.
There are four key elements that demonstrate a professional attitude. These are:
Treat other with respect
Keep your word
Be loyal
Exceed expectations
Explanation:
Answer: As the Oxford dictionary states it, Probability means ‘The extent to which something is probable; the likelihood of something happening or being the case’.
In mathematics too, probability indicates the same – the likelihood of the occurrence of an event.
Examples of events can be :
Tossing a coin with the head up
Drawing a red pen from a pack of different coloured pens
Drawing a card from a deck of 52 cards etc.
Either an event will occur for sure, or not occur at all. Or there are possibilities to different degrees the event may occur.
An event that occurs for sure is called a Certain event and its probability is 1.
An event that doesn’t occur at all is called an impossible event and its probability is 0.
This means that all other possibilities of an event occurrence lie between 0 and 1.
Explanation:
