What is pareto-s principle and what it does with control, Operation Management

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What is pareto-s principle and what it does with control

Problem:

What is Pareto's Principle (or the 80-20 Rule), and what does it have to do with control? Why do many managers act like control freaks?

Why do many managers micromanage so much? Why are many managers reluctant to take the actions necessary to correct deviations? Do you agree that if something isn't broke, it shouldn't be fixed? Why? Explain the solution in detail.

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Operation Management: What is pareto-s principle and what it does with control

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Request for Solution File

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Operation Management: What is pareto-s principle and what it does with control

Reference No:- TGS0884281

Have a Question? (oR Write a Review)

Recent Questions Asked Operation Management

Q : Determine the financial impact of buying a ct unit

Q : Calculate the npv

Q : What specimen preparation shows best motility

Q : Value of ocala stock five years

Q : What is pareto-s principle and what it does with control

Q : What is meant by counterstain

Q : How much interest expense will be saved in long term debt

Q : How many shares are there currently

Q : Why strategic planning important in strong and weak economy

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Request for Solution File

Ask an Expert for Answer!!

Operation Management: What is pareto-s principle and what it does with control

Reference No:- TGS0884281

Recent Questions Asked Operation Management

Q : Determine the financial impact of buying a ct unit

Q : Calculate the npv

Q : What specimen preparation shows best motility

Q : Value of ocala stock five years

Q : What is pareto-s principle and what it does with control

Q : What is meant by counterstain

Q : How much interest expense will be saved in long term debt

Q : How many shares are there currently

Q : Why strategic planning important in strong and weak economy

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