Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Describe the key differences between associations and causes in the work environment
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- 13. The production analyst of gas company is faced with deciding whether to purchase a patent todevelop a new product or not. If the company purchases the patent, it should develop theproduct. The selling price of the patent is 75,000Php. There are 2 ways of developing the product:electronic and manual system. It costs 60,000Php to use the former, and 40,000 to use the latter.The probability of success in the electronic system is 65% and that in the manual system is 75%.If the product is successfully developed, it will give an income of 800,000Php. What system ofdevelopment is the best to use if the company purchases the patent?arrow_forwardWhat strategies can organizations implement to support employees during the different stages of the employee life cycle?arrow_forwarddiscuss how organisations could create an inclusive working environmentarrow_forward
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