Maintaining this is a way to ensure that the company is measuring performance in finances, customer, internal operations, and innovation rather than just focusing on one area.

Cruise controls and GPA systems are examples of controls that gather information about performance deficiencies as they occur and eliminate or shorten the delay between performance and feedback. What type of control is this?

If you are a car manufacturer and you have a lot of steel, iron, and rubber on hand – the basic inputs in manufacturing process – they would be considered which type of inventory?

This is a private network, usually a company, that allows employees to access, share and publish information using software, but outsiders cannot access it.

This is an international standard that aims to manage, monitor and minimize an organization’s harmful effects on the environment.

This formula minimizes ordering and holding costs and helps determine how much and how often inventory should be ordered. It is the square root of 2 x S x D divided by H

This is often called a “snapshot” of the financial position of a company and is measured by the formula “Assets = Liabilities + Owner’s Equity”

What is mean by a 360 degree performance review?

In this form of reengineering interdependence, the work is completed by different jobs or groups working together in a back-and-forth manner like when you work with a team.

When you are trying to reach your challenge or stretch goals, it is easier to do if you can make changes without getting approval from managers first. What is this called?