The Analysis and Interpretation of Profitability, Management Efficiency and Liquidity

VacayAway Work Breakdown Structure and Project Plan/Network
September 24, 2020
question
September 24, 2020

The Analysis and Interpretation of Profitability, Management Efficiency and Liquidity

Things that are running smoothly should not be subject to any control. If you commit yourself to just finding and fixing problems, you’ll be able to carry out effective control (within an organization) with fewer personnel (Minoura, 2003).

Consider the quotation from Minoura (2003). Discuss how a just-in-time system might be of benefit in the management of inventory. Evaluate just-in-time as an approach to the management of efficiency.