The Pareto principle is that most things in our life are not commonly distributed.
<u>Explanation:</u>
Pareto chart shows that most of the things which we have in our life and the resources in our life are not equally distributed. The ratio is not always 50:50 according to this principle.
The most important use of a Pareto diagram is to show the most important factor among the set of factors that have been shown. Along with that it also shows the sources which lead to the common defects in the system and tries to solve those defects which occur most often.
Answer:
A vision statement describes what a company desires to achieve in the long-run, generally in a time frame of five to ten years, or sometimes even longer. It depicts a vision of what the company will look like in the future and sets a defined direction for the planning and execution of corporate-level strategies.
Explanation:
While companies should not be too ambitious in defining their long-term goals, it is critical to set a bigger and further target in a vision statement that communicates a company’s aspirations and motivates the audience. Below are the main elements of an effective vision statement:
-Forward-looking
-Motivating and inspirational
-Reflective of a company’s culture and core values
-Aimed at bringing benefits and improvements to the organization in the future
-Defines a company’s reason for existence and where it is heading
Answer:
f = c / λ = wave speed c (m/s) / wavelength λ (m). The formula for time is: T (period) = 1 / f (frequency). λ = c / f = wave speed c (m/s) / frequency f (Hz). The unit hertz (Hz) was once called cps = cycles per second.
Explanation:
