Answer: The speed and effectiveness of decision making are enhanced.
Explanation:
Product departmentalization involves dividing the various products produced by an organization into different departments which are supervised by their own managers. An advantage of product departmentalization is that it would ensure that decisions are made faster as each product has its own manager in charge of decision making.
Answer:
The options for this question are the following:
a) risk probability
b) PMIS
c) data anlysis
d) expert judgement
The correct answer is b) PMIS
.
Explanation:
The PMIS (Project Management Information System) solution is an organizational effort that integrates processes, methodologies, people (roles) and a computer tool so that in a coordinated way it aims to achieve strategic business objectives through a constant flow of portfolios, programs , projects, tasks, resources and human talent.
Organizations in order to optimize their portfolio, program and project management processes require having a solution that complies with:
- Easy drive.
- Configuration adjusted to organizational needs.
- Staff trained in both methodology and solution.
- Management indicators and reports for each of the levels of government.
- Integration with business tools
Answer:
a. Hiring former employees from other companies and assessing their knowledge.
Explanation:
"Benchmarking" is<em> a process conducted by a company when it wants to compare its performance with other competitors.</em> In order to do this, the company needs to look into <em>specific metrics</em> and<em> </em>approaches in order to analyze their company's operation and how well it does compared to others.
Hiring former employees from other companies and assessing their knowledge is not a typical/common strategy in order to obtain benchmarking data. Not many companies would like to rehire and if they ever do, it will be hard to use the benchmarking data since the former employee's company might be totally different from yours. Remember that competitive benchmarking is only done when you want to compare with your<u> competitors in the same field of business.</u>
Answer:
The correct answer is letter "D": the costs of inspection; the costs of passing on defective items.
Explanation:
It is said that as long as a business target to develop its <em>quality control</em> frequently, the lesser that company will depend on <em>inspection</em>. Inspection is a critical assessment of materials, products or structures that require evaluating, testing and measuring. Inspectors take measurements and make comparisons. The amount of inspection needed directly relies on <em>the cost of the inspection</em> and the <em>costs of passing on defective items</em>.