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John Davis just decided to quit his job with General Motors where he worked in an assembly plant. He is going to open his own shop that will install customized mufflers on cars. Using Woodward's framework, explain the differences in the technologies of these two types of organizations. What resulting differences in organization structure should there be?
Theoretical Maximum
The highest possible outcome or performance level under ideal conditions with no constraints or limitations.
Rated Capacity
The maximum amount of output or processing that a machine, system, or facility can consistently achieve under normal conditions.
Expected Output
The anticipated result, product, or performance that is planned to be achieved under specific conditions.
Net Present Value
A means of determining the discounted value of a series of future cash receipts.
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