organizational chart

Scope of social responsibility of business Earlier, we discussed the introduction of the social responsibility of business. In this starting article, we tried to grasp the basic understanding of its concept. Now as a continuation to this series let's discuss further.The scope of social responsibility of business mainly covers its obligations or duties towards four social groups.These are as

Social responsibility of business The social responsibility of business means various obligations or responsibilities or duties that a business-organization has towards the society within which it exists and operates from.Generally, the social responsibility of business comprises of certain duties towards entities, which are depicted and listed below.Shareholders or investors who contribute funds

Definition of Product Quality Before we proceed to understand, �what is product quality?� First, let's focus on the definition of quality.It is not easy to define the word Quality since it is perceived differently by the different set of individuals. If experts are asked to define quality, they may give varied responses depending on their individual preferences. These may be similar to following

Factors Affecting Plant Location Plant location must be selected properly by entrepreneurs while planning to set up their business units. While taking such a decision, they must consider some important factors.The following image depicts important factors affecting a plant location.Image credits � Prof. Mudit Katyani.The ten main factors that affect a plant location are as follows:Law and order

Factors Affecting Scheduling The following chart depicts various factors affecting scheduling.The factors that affect scheduling are grouped into two categories viz;Internal factors : Affect an entity (e.g. a company) from within. External factors : Influence an entity (e.g. an organisation) from outside. Factors affecting scheduling internally are:Stock of finished goods kept by company.

What is Scheduling? Definition The definition of scheduling as quoted by eminent scholars are as follows:Image credits � Prof. Mudit Katyani.1. According to Richard Lansburgh and William Spriegel,�Scheduling involves establishing the amount, of work to be done and the time each element of the work will start, or the order of work. This includes allocating the quality and rate of output of the

Problems in measuring productivity Following image lists main difficulties or problems in measuring productivity.Image credits � Prof. Mudit Katyani.Important challenges or difficulties in measuring productivity:Difficulty in measuring output, Difficulty in measuring inputs, Factorial productivity, Changing prices of inputs and outputs, Intangible output of service sector, Comparison of