Question : Case Study 1:
XYZ Electronics is a company that manufactures smartphones. The management team at XYZ Electronics is concerned about maintaining the quality of their products and ensuring they meet customer expectations. They want to implement effective control measures to achieve these objectives.
Question:
How can XYZ Electronics benefit from implementing controlling measures?
Option 1: By reducing production costs.
Option 2: By hiring more employees.
Option 3: By expanding its product line.
Option 4: By outsourcing production.
Correct Answer: By reducing production costs.
Solution : The correct answer is (a) By reducing production costs.
Implementing effective control measures can help XYZ Electronics maintain product quality and meet customer expectations. By closely monitoring and managing various aspects of the production process, they can identify and rectify any issues that might arise. This can lead to improved efficiency and a reduction in production costs over time. This approach ensures that the company's resources are utilized effectively, minimizing waste and maximizing output quality.
Question : Case Study: XYZ Manufacturing Company
XYZ Manufacturing Company is a well-established firm that produces consumer electronics. They have been facing increased competition and declining sales in recent years. The management is looking for ways to revamp
Question : Pune-based Zomato Ltd. is a maker of electronics products. It deals in both laptops and mobile phones in addition to products like books, musical instruments, videotapes, etc. The business was organised functionally, with separate divisions for production, marketing, and
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