Vargas Construction Company provides construction services for major projects. Managers at the company believe that construction is
Question:
Vargas Construction Company provides construction services for major projects.
Managers at the company believe that construction is a people-management business, and they list the following as factors critical to their success:
a. Increase spending on employee development to streamline processes.
b. Foster cooperative relationships with suppliers that allow for more frequent deliveries as and when products are needed.
c. Integrate tools and techniques that reduce errors in construction projects.
d. Train employees in green construction techniques to appeal to companies seeking LEED certification.
e. Benchmark the company's gross margin percentages against its major competitors.
Required
Match each of the above factors to the key success factors that are important to managers.
Step by Step Answer:
Horngrens Cost Accounting A Managerial Emphasis
ISBN: 978-0134475585
16th edition
Authors: Srikant M. Datar, Madhav V. Rajan