What you cant measure you cant manage. To what extent do you think this is true?

Question:

‘What you can’t measure you can’t manage.’ To what extent do you think this is true?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Logistics: An Introduction To Supply Chain Management

ISBN: 9780333963692

1st Edition

Authors: Donald Waters

See More Books

Question Posted: May 13, 2024 02:01 PM

See More Questions

Read and answer the question below. EMBRACE DEMOGRAPHICS AND SOCIETAL CHANGES Using Differences to Drive Value Force 7: Demographics and Societal Changes. One of the most important forces that is...
QUIZ... Let D be a poset and let f : D D be a monotone function. (i) Give the definition of the least pre-fixed point, fix (f), of f. Show that fix (f) is a fixed point of f. [5 marks] (ii) Show that...
"I'm not sure we should lay out $300,000 for that automated welding machine," said Jim Alder, president of the Superior Equipment Company. "That's a lot of money, and it would cost us $84,000 for...
In Exercises 6780, begin by graphing the square root function, f(x) = x. Then use transformations of this graph to graph the given function. h(x)=x + 2-2
What are some of the common terms applied to the various shapes of rolled products?
Describe the wave forms of pure tones, complex tones, and noise.
Levis Manufacturing Company obtains its raw materials from a variety of suppliers. Leviss strategy is to obtain the best price by letting the suppliers know that it buys from the lowest bidder....
Allocation of corporate costs to divisions. Dusty Rhodes, controller of Richfield Oil Company, is preparing a presentation to senior executives about the performance of its four divisions. Summary...
Kenya industries produces 1 table and sells it at Shs 100. The marginal cost of production is Shs 60 and the fixed cost is Shs. 4,000 per annum. Calculate: i) P/V ratio (1 mark) ii) Break-even sales...
Managers can be tempted to use the easiest measures of performance, or those that show themselves in the best light. What are the consequences of this? Can you give examples of problems this creates?
Kant Enterprises purchased a truck for $\$ 11,000$ on ( 80 g) January 1,2009 . The truck will have an estimated salvage value of $\$ 1,000$ at the end of 5 years. If you use the units-of-activity...
When gasoline prices spike, producers consider using oil fields that once had been passed over because of the high costs of extracting oil. a. In a figure, show what this statement implies about the...
Corrupted by their power, the judges running the popular game show America's Next Top Mathematician have been taking bribes from many of the contestants. Each episode, a given contestant is either...
Review this spreadsheet and answer the following questions: a.The portfolio beta calculated is 0.61. Explain how the calculated beta would change if your company were dropped from the portfolio and...
You are thinking about investing in one of the two mutual funds, MassMutual and Vanguard. You have obtained the following information based on their performance over the last five years. Of course,...
Question 1 A system delivering pure water to an aerospace manufacturing company uses the system structure seen in figure 1. The pump is set to 2.5 psi and water flows from the reservoir to points C,...
The velocity at the outer edge of a two-dimensional incompressible boundary layer is defined by the equation Ue =ax^1/2 (take a=2). In calculations, the case of suction and blowing from the wall will...
A 1200 hp dragster engine drives the car with a speed of 100 km/h. How much force is between the tires and the road?
Dan and Diana file a joint return. Dan earned $31,000 during the year before losing his job. Diana received Social Security benefits of $5,000. a. Determine the taxable portion of the Social Security...
Assume that we want to construct a confidence interval. Do one of the following, as appropriate: (a) find the critical value t/2, (b) find the critical value Za/2, or (c) state that neither the...
The risk-free rate of return is 5%, the expected rate of return on the market portfolio is 12%, and the stock of Exotic Foods Corporation has a beta coefficient of 0.8. Exotic Foods pays out 70% of...
The risk-free rate of return is 5%, the expected rate of return on the market portfolio is 12%, and the stock of Exotic Foods Corporation has a beta coefficient of 0.8. Exotic Foods pays out 70% of...

What you cant measure you cant manage. To what extent do you think this is true?

Question:

Step by Step Answer:

The statement what you cant measure you cant manage highlights the importance of having quantifiable metrics and data to effectively manage and improve performance While there is merit to this asserti...View the full answer

Logistics: An Introduction To Supply Chain Management

Students also viewed these Business questions