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Management is broken down into four basic functions: Controlling, Leading, Organizing and Planning. Continuing with the scenario from unit 1, as part of management you now need to make a decision about how to manufacture the product; you have 3 possible options:

1. Establish manufacturing of all components and final assembly.

2. Establish assembly only operation with components purchased from local vendors.

3. Outsource the entire manufacturing operation to an offshore company.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9394145

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