Explain How Data Is Stored in a Computer

question 41

Essay

Explain how data is stored in a computer.

Acknowledge the principles of customer orientation in marketing management.

Distinguish between various cost concepts and their applications in business.

Learn about various manufacturing management strategies such as just-in-time and total quality management.

Understand how management accounting plays a role in setting and achieving organizational goals.

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Definitions:

Long-range Planning

The process of creating and implementing plans or strategies intended to achieve objectives over an extended period.

Time Management

The practice of organizing and planning how to divide one's time between specific activities to maximize efficiency and productivity.

Allocation

The process of assigning resources, time, or effort to specific tasks or projects based on priorities and objectives.

Top Management

The highest level of managers in an organization, typically responsible for strategic decisions and overall operations.