You are a manager in a car manufacturing company. It is reported that postal expenses have increased by 10% and the cost of raw material is increased by 2%. This concept is related to ___

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Solution

This is related to Critical Point Control.

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Similar questions

Q. You are a manager in a car manufacturing company. It is reported that postal expenses have increased by 10% and cost of raw material is increased by 2% which of the two deviations is more critical to you? It is related to which concept of controlling? Explain it.

You are the manager of a tyre manufacturing company. If it is reported to you that postal expenses have increased by 20% and the cost of raw materials by 2%, which of the two deviations is more critical to you. Give reason.

Q. Suppose you are the manager of ABC Clothing Ltd. It comes to your knowledge that postal expenses have increased by 15% over the standard price and cost of labour and raw materials has increased by 3%. Which of the two situations is more critical according to you?

Q. A company is manufacturing garments. The manager wants to increase the profit by:
(a) Purchasing new high speed machine
(b) Increasing the sale price
(c) Using waste material in manufacturing stuff toys.
He decided that using waste material to increase the profit is the best solution for him
(i) Identify the concept of management involved
(ii) State any four features of that concept.

A car manufacturing company sets a goal at in future, they will expand their production by 15%. After measuring the performance, they noticed that the production it has declined by 10% and the raw material s wasted by the production department.

Relate it to the concept of controlling and which values are ignored in this case?

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