Many professionals find themselves contemplating career transitions at various stages of their lives. One intriguing shift is moving from the business-oriented world of an MBA to the human-focused realm of psychology. While this...
Category - Management
Cultural Resource Management (CRM) is a field dedicated to preserving and protecting cultural heritage. It involves the identification, evaluation, documentation, and conservation of cultural resources, which include...
Implementing a Document Management System (DMS) can range from straightforward to highly complex, depending on several factors like the size of the organization, the specific needs for document management, and the existing IT...
Ever wondered what separates successful entrepreneurs from the rest? It’s not just about having a groundbreaking idea or an unending supply of energy. While these factors are essential, the secret weapon that often goes...
Though variable control charts i.e., x̄ – and R -charts are powerful tools for the diagnosis of quality problems, they do have certain limitations. The limitations of x̄ – and R-charts are as follows: x̄ and...
Accuracy Vs. Precision ✔ The accuracy of a data set or a measuring instrument refers to the degree of uniformity of the observations around a desired value such that, on average, the target value is realized. ✔ The precision...
GrAPHICAL REPRESENTATION OF A FREQUENCY DISTRIBUTION ✔ A convenient way of representing a sample frequency distribution is by means of graphs. ✔ It gives to the eyes the general run of the observations. It makes the raw data...
FMEA ProcedURE The basic steps for implementation of a FMEA are outlined below. 1.Describe the product/process and its function. 2. Create a block diagram of the product/process: The block diagram shows the logical...
WHAT IS FMEA? ✓ Failure Mode and Effect Analysis (FMEA), also known as risk analysis, is a preventive measure to systematically display the causes, effects, and possible actions regarding observed failures. ✓ The objective...
The organisations adapt the benchmarking steps to best fit their own needs and culture. Table 1 compares AT&T’s 12 step-process and Xerox’s 10-step process. Table 1. Approaches to benchmarking AT &...
