Describe Four of the Skills Identified as Needed for a Global

question 4

Essay

Describe four of the skills identified as needed for a global manager to compete effectively in the 21^st century.

Assess preventive maintenance costs and their impact on overall product value and pricing.

Understand the concept and significance of value-added and non-value-added time within the manufacturing process.

Recognize the components and importance of quality cost reports, including understanding different types of quality costs (prevention, appraisal, internal failure, and external failure).

Identify the objectives of a balanced scorecard and how it is used as a strategic management tool.

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Definitions:

Class Object

In object-oriented programming, a class object is an instance of a class, where the class provides a blueprint or template that defines the properties and behaviors of the objects.

Class Throwable

A superclass in Java for all errors and exceptions that can occur during the execution of a program.

Try Block

A block of code that is attempted to be executed in programming, with potential errors caught by a catch block.

Exception Occurs

Refers to a runtime error in programming that disrupts the normal flow of the program's instructions.