Why is important to have structured standardized approach
Discussion:
Q: Why is it important to have a structured standardized approach to the procurement process? What value do you gain by utilizing a structured process and what potential risk do you avoid?
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What are the disadvantages to a company that fails to provide competitive benefits to the employees?
Should Michael Scott's performance evaluation be based solely on price variances? Should the production manager's evaluation be based solely on efficiency.
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What is the probability that McGee Carpet and Trim will finish the project in 40 days or less? Define project management and the necessary requirements.
What value do you gain by utilizing a structured process and what potential risk do you avoid?
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If more experienced workers work on the job than were planned when developing the labor standards, the labor efficiency variance is likely to be favorable.
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