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1. Why is cost analysis so important for an engineer or manager?

2. Why is it important for a professional manger or engineer to be aware of the Federal or State law, regulations and procedures that might govern their work?

3. Pick one of the Federal agencies that have oversight over a company’s / organization’s activities and describe some of the items over which they have oversight?

4. How do these items (from question 3.) guide and effect the actions of a professional manager or engineer?

Operation Management, Management Studies

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