Organisational Configuration Consists Of

question 6

Multiple Choice

Organisational configuration consists of:

• A) Structure, people and systems
• B) People, systems and processes
• C) Technology, processes and people
• D) Structure, processes and relationships

Recognize the concept of a high-performance work system and its reliance on employee skills and commitment.

Understand the financial and non-financial benefits of training programs to organizations and society.

Acknowledge the influence of the external environment on training and development strategies.

Understand the trade-offs involved in balancing the need for capital with the preservation of equity for startup companies.

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Definitions:

Total Flow Time

The cumulative amount of time taken for a unit of work or a product to flow through a system, including both processing and waiting times.

Fixed Order

A purchasing strategy where orders for goods or materials are made in predetermined quantities, regardless of current demand or inventory levels.

Processing Times

The amount of time required to complete a specific operation or task, including preparation, processing, and finishing times.

Dispatching Rule

A guideline or criterion used to determine the scheduling and order in which jobs should be processed in manufacturing or service operations.