Question : Case Study 12:
EFG Manufacturing is a company that produces consumer goods. The management team at EFG wants to implement a robust control system to improve productivity and optimize resource utilization.
Question:
How can EFG Manufacturing benefit from an effective control system?
Option 1: By increasing employee turnover.
Option 2: By raising production costs.
Option 3: By optimizing resource utilization.
Option 4: By reducing market competition.
Correct Answer: By optimizing resource utilization.
Solution : The correct answer is (c) By optimizing resource utilization.
An effective control system can help EFG Manufacturing optimize its operations and resource utilization. Control systems enable businesses to monitor and manage their processes, performance, and activities. By having a robust control system in place, EFG Manufacturing can identify inefficiencies, deviations, and areas for improvement within its production processes.
Optimizing resource utilization is one of the key benefits of effective control systems. It allows the company to use its resources (such as materials, labor, machinery, and time) more efficiently, leading to cost savings and improved productivity.
Question : Case Study 19:
How
Question : Case Study 5:
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
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